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Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

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Share Price: 9,292.00
Bid: 10,160.00
Ask: 8,772.00
Change: -88.00 (-0.94%)
Spread: -1,388.00 (-13.661%)
Open: 9,352.00
High: 9,400.00
Low: 9,198.00
Prev. Close: 9,380.00
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Next profit up 9 pct, quiet start to new year

Thu, 21st Mar 2013 07:12

LONDON, March 21 (Reuters) - Next, Britain's secondbiggest clothing retailer, met guidance with a 9 percent rise inyear profit, driven by growth at its Directory internet andcatalogue business.

But the firm, which also trades from over 500 stores inBritain and Ireland and almost 200 stores in more than 30countries overseas, said on Thursday trading in its new year hadgot off to a quiet start - at the bottom of its 1-4 percentgrowth guidance for the 2013-14 year.

Next made an underlying pretax profit of 621.6 millionpounds ($940.6 million) in the year to end Jan. 2013.

That compares to Next's own guidance of 611-625 millionpounds, analysts' consensus forecast of 620 million pounds, and570.3 million pounds made in the 2011-12 year.

Earnings per share rose 16.6 percent to 297.7 pence, partlyreflecting a 241 million pounds share buyback.

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(Sharecast News) - Next revealed on Wednesday that merchandise and operations director Richard Papp had disposed of 5,300 ordinary shares in the FTSE 100-listed clothing retailer.

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LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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29 Mar 2023 17:16

Banks boost European stocks, UBS climbs after naming Ermotti CEO

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29 Mar 2023 17:11

LONDON MARKET CLOSE: Stocks up as confidence in banking sector builds

(Alliance News) - London's FTSE 100 extended its win streak to three days on Wednesday, with markets poised to wrap-up a fraught month for equities in bullish fashion, as banking sector fears fade.

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LONDON MARKET MIDDAY: Banking optimism, Chinese tech gains lift shares

(Alliance News) - Large-cap equities in Europe went into Wednesday afternoon on the front foot, with the market mood lifted by a rally in Chinese technology shares and continued optimism that a full-blown banking crisis will be averted.

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29 Mar 2023 09:26

TOP NEWS: Next shares down as warns of profit and sales decline

(Alliance News) - Next PLC on Wednesday hailed a "good year" in 2022 despite various challenges, but expects a "difficult" year ahead as selling price inflation will be "more benign" than anticipated.

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29 Mar 2023 09:04

LONDON MARKET OPEN: Trading timid; Next falls as profit to decline

(Alliance News) - Stock prices in London opened higher on Wednesday, though trading remaining cautious following the recent turbulence in the banking sector.

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29 Mar 2023 07:57

Next posts better-than-expected FY profits

(Sharecast News) - Next posted a better-than-expected jump in full-year profit on Wednesday as it said selling price inflation was set to be more benign than previously thought, but warned the year ahead will be "difficult" and that it continues to expect a decline in profit.

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29 Mar 2023 07:52

LONDON BRIEFING: Next guides for lower profit and full price sales

(Alliance News) - Equity trading is set to remain cautious in London on Wednesday, as investor sentiment continues to steady after the recent turbulence in the banking sector.

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28 Mar 2023 16:47

Next snaps up Cath Kidston vintage clothing brand for GBP8.5 million

(Alliance News) - Next PLC on Tuesday said it has bought the Cath Kidston vintage clothing brand in a GBP8.5 million deal.

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28 Mar 2023 16:44

Next buys Cath Kidston for £8.5m

(Sharecast News) - Retailer Next confirmed on Tuesday that it has agreed to buy the brand name, domain names and intellectual property of Cath Kidston from the administrators for £8.5m.

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28 Mar 2023 14:15

Wednesday preview: UK money supply growth, Next in focus

(Sharecast News) - Investors' focus in the middle of the week would swivel back to the UK.

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