An incredibly strong trading performance across all key territories and brands has driven H1 FY20 sales growth of 43% and seen the boohoo Group break through £1 billion of sales in the 12 months to 31 August 2019. Of note is the ongoing acceleration of growth in the boohoo brand, with Q2 FY20 sales +41% YOY, versus +27% in Q1, and 16.2% for FY19, an impressive achievement for the Group’s most mature brand. This solid first half performance underpins results for the full year, with
25 Sep 2019
Boohoo bursts a billion
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Boohoo bursts a billion
boohoo group Plc (BOO:LON) | 33.9 0 0.3% | Mkt Cap: 429.7m
- Published:
25 Sep 2019 -
Author:
Rachel Birkett, CFA -
Pages:
11
An incredibly strong trading performance across all key territories and brands has driven H1 FY20 sales growth of 43% and seen the boohoo Group break through £1 billion of sales in the 12 months to 31 August 2019. Of note is the ongoing acceleration of growth in the boohoo brand, with Q2 FY20 sales +41% YOY, versus +27% in Q1, and 16.2% for FY19, an impressive achievement for the Group’s most mature brand. This solid first half performance underpins results for the full year, with