Burberry has increased its retail sales by 3% at CER but wholesale excluding the beauty business was flat. Operating profit was up 4%. Restructuring actions are progressing with promising first signs. A buy-back programme of £150m was announced along with a cash dividend.
16 May 2018
Some light in sight
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Some light in sight
Burberry Group plc (BRBY:LON) | 1,218 0 0.0% | Mkt Cap: 4,368m
- Published:
16 May 2018 -
Author:
Rim BEN SALAH -
Pages:
3
Burberry has increased its retail sales by 3% at CER but wholesale excluding the beauty business was flat. Operating profit was up 4%. Restructuring actions are progressing with promising first signs. A buy-back programme of £150m was announced along with a cash dividend.