The continuing fast-growing online business and well-managed product mix have resulted in better than expected profitability for H1 20 and, with the rapid recovery in recent weeks, the group has upgraded again its guidance for FY 20. The group is expecting adjusted pre-tax profit to be £300m for FY 20 vs. £195m (previously revised at the end of July).
18 Sep 2020
Guidance upgrade, again
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Guidance upgrade, again
Next plc (NXT:LON) | 9,241 0 0.0% | Mkt Cap: 11,748m
- Published:
18 Sep 2020 -
Author:
Jie Zhang -
Pages:
3
The continuing fast-growing online business and well-managed product mix have resulted in better than expected profitability for H1 20 and, with the rapid recovery in recent weeks, the group has upgraded again its guidance for FY 20. The group is expecting adjusted pre-tax profit to be £300m for FY 20 vs. £195m (previously revised at the end of July).