Boohoo Group plc has released results for the 12 months ended 29 February, reporting a solid finish to the year with results at the top end of guidance and comfortably ahead of ZC’s expectation. This impressive end to FY20 is somewhat overshadowed by the unprecedented disruption the Group and the wider retail industry is facing as a result of the ongoing COVID-19 pandemic. Whilst YTD trading is described as mixed, we are encouraged by confirmation that the Group remains in positive growth YOY. W ....
22 Apr 2020
boohoo Group plc (BOO LN) - FY20 Results & COVID-19 update
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boohoo Group plc (BOO LN) - FY20 Results & COVID-19 update
boohoo group Plc (BOO:LON) | 34.4 0.2 2.1% | Mkt Cap: 435.8m
- Published:
22 Apr 2020 -
Author:
Rachel Birkett, CFA -
Pages:
11
Boohoo Group plc has released results for the 12 months ended 29 February, reporting a solid finish to the year with results at the top end of guidance and comfortably ahead of ZC’s expectation. This impressive end to FY20 is somewhat overshadowed by the unprecedented disruption the Group and the wider retail industry is facing as a result of the ongoing COVID-19 pandemic. Whilst YTD trading is described as mixed, we are encouraged by confirmation that the Group remains in positive growth YOY. W ....