Full-year sales increased by 3% to £4.18bn, pulled up by directory sales growing by 7.7% to £1.66bn. Retail sales amounted to £2.37bn, posting a poor performance of 1.1% with net new space contributing 2.4% to growth. The LABEL-branded directory sales outperformed with 21.2% growth compared to a modest +2.3% for the core brand NEXT. International revenues surged by 21% to £197m (increase in local currency at 41%). The activity was boosted by the consolidating directory

24 Mar 2016
Good performance in 2015 but unreassuring outlook

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Good performance in 2015 but unreassuring outlook
Next plc (NXT:LON) | 11,685 -7011 (-0.5%) | Mkt Cap: 14,356m
- Published:
24 Mar 2016 -
Author:
Rim BEN SALAH -
Pages:
2 -
Full-year sales increased by 3% to £4.18bn, pulled up by directory sales growing by 7.7% to £1.66bn. Retail sales amounted to £2.37bn, posting a poor performance of 1.1% with net new space contributing 2.4% to growth. The LABEL-branded directory sales outperformed with 21.2% growth compared to a modest +2.3% for the core brand NEXT. International revenues surged by 21% to £197m (increase in local currency at 41%). The activity was boosted by the consolidating directory