Trading in the 17weeks of the 2H18 was slightly below what we expected, Online revenue -5% though this is against strong YoY comps (+4% YTD), Retail revenue was -4% and in line with previous growth guidance (-4% YTD), US revenue healthy growth +6% (+29% YTD). Overall YTD revenue for the 43 weeks is flat YoY. Management expecting operating profit (EBITA) for FY18e to be between £225m and £245m.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
2H18 and YTD trading
- Published:
06 Nov 2018 -
Author:
Michael Campbell -
Pages:
3
Trading in the 17weeks of the 2H18 was slightly below what we expected, Online revenue -5% though this is against strong YoY comps (+4% YTD), Retail revenue was -4% and in line with previous growth guidance (-4% YTD), US revenue healthy growth +6% (+29% YTD). Overall YTD revenue for the 43 weeks is flat YoY. Management expecting operating profit (EBITA) for FY18e to be between £225m and £245m.