H1 performance was in line with company’s guidance with sales up 2.6% to reach £1,957m. The Directory’s sales have significantly outperformed with a 7.1% surge to reach £821.2m. Retail sales remained almost flat (+0.1%) at £1,083.6m. Operating profit dropped by 0.4% to £360.5m, pulled down by the -16.8% on retail profit to £133.9m, i.e. an operating margin of 12.4% vs. 14.9% in H1 15. The Directory’s operating profit was up 10.9% to reach £
15 Sep 2016
Directory well on track
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Directory well on track
Next plc (NXT:LON) | 9,241 0 0.0% | Mkt Cap: 11,748m
- Published:
15 Sep 2016 -
Author:
Rim BEN SALAH -
Pages:
3
H1 performance was in line with company’s guidance with sales up 2.6% to reach £1,957m. The Directory’s sales have significantly outperformed with a 7.1% surge to reach £821.2m. Retail sales remained almost flat (+0.1%) at £1,083.6m. Operating profit dropped by 0.4% to £360.5m, pulled down by the -16.8% on retail profit to £133.9m, i.e. an operating margin of 12.4% vs. 14.9% in H1 15. The Directory’s operating profit was up 10.9% to reach £