Burberry has just released an encouraging year-end trading performance. However, although the slightly better than expected year-end sales have allowed the group to upgrade its FY19/20 revenue guidance, the ongoing political crisis in Hong Kong should continue to weigh on the group’s margin generation.
22 Jan 2020
Another good quarter thanks to new collections
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Another good quarter thanks to new collections
Burberry Group plc (BRBY:LON) | 1,127 -270.5 (-2.1%) | Mkt Cap: 4,042m
- Published:
22 Jan 2020 -
Author:
Jie Zhang -
Pages:
2
Burberry has just released an encouraging year-end trading performance. However, although the slightly better than expected year-end sales have allowed the group to upgrade its FY19/20 revenue guidance, the ongoing political crisis in Hong Kong should continue to weigh on the group’s margin generation.