H122 results reflect deterioration in UK consumer alongside ongoing pressures of higher return rates and extended delivery to international markets. Despite challenging market backdrop, BOO is well positioned with significant liquidity headroom and a near term focus on driving operational efficiency.
28 Sep 2022
Boohoo Group plc (BOO LN) - Weathering the storm
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Boohoo Group plc (BOO LN) - Weathering the storm
boohoo group Plc (BOO:LON) | 33.5 -0.1 (-0.8%) | Mkt Cap: 425.3m
- Published:
28 Sep 2022 -
Author:
Rachel Birkett, CFA -
Pages:
16
H122 results reflect deterioration in UK consumer alongside ongoing pressures of higher return rates and extended delivery to international markets. Despite challenging market backdrop, BOO is well positioned with significant liquidity headroom and a near term focus on driving operational efficiency.