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British Brand Next Grew By 2.2% In The First Half Of Fiscal Year.

2013/9/18 20:09:00 41

Clothing BrandNextNet Income

< p > < < a > href= > //m.pmae.cn/news/index_c.asp > dress > /a > group NextPLC released as of the first half of fiscal year July 27, 2013. In the first half of fiscal year, group income increased by 2.2% to 1 billion 677 million pounds; operating profit increased 7.2% to 285 million pounds; pre tax profit increased 13.8% to 217 million pounds; earnings per share increased 19.9% to 1.42 pounds.

< /p >


< p > NextPLC indicates that revenue growth mainly benefits from the growth of new < a href= "//m.pmae.cn/news/index_c.asp" > retail space < /a > and online sales growth, which contributes 1.8% of revenue growth.

As of July 27, 2013, sales of retail outlets fell 0.9% to 1 billion 600 thousand pounds, and online sales grew 8.3% to 597 million 600 thousand pounds.

< /p >


< p > > a href= "//m.pmae.cn/news/index_c.asp" > NextPLC < /a > the contrast between the increase in income and operating profit is mainly reflected in the sale of full price and reduced price products.

In the first half of this year, sales of Next brand products at full price increased by 0.6%, while sales of reduced products dropped by 13.5%.

< /p >


< p > NextPLC predicts that the second half of fiscal year will be the same as that of the first half of fiscal year. The expected sales will grow by 1% to 4%. If the second half of the fiscal year meets expectations, the annual sales growth will be between 1.5% and 3.5%. The expected pre tax profit will be between 635 million pounds and 675 million pounds, an increase of 2.2% to 8.6%, and earnings per share will grow 12% to 19%.

< /p >

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