Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

Next annual profit jumps 12.5 pct

Thu, 19th Mar 2015 07:15

LONDON, March 19 (Reuters) - British clothing retailer Next met guidance with a 12.5 percent rise in year profit,powered by sales growth at both its stores and Directoryinternet business.

The firm, which trades from over 500 stores in Britain andIreland and almost 200 stores overseas, said on Thursday it madean underlying profit before tax of 782 million pounds ($1.16billion) in the year to end-Jan. 2015.

That compares to Next's own guidance of 765-785 millionpounds and 695 million pounds made in the 2013-14 year.

Underlying earnings per share (EPS) rose 15 percent to 420pence and the ordinary dividend was increased by 16 percent to150 pence a share.

Next forecast sales growth of 1.5-5.5 percent for its2015-16 year, with pretax profit of 785-835 million pounds.($1 = 0.6716 pounds) (Reporting by James Davey; editing by Kate Holton)

Related Shares

More News
24 Apr 2024 14:19

UK earnings, trading statements calendar - next 7 days

22 Apr 2024 16:58

LONDON MARKET CLOSE: New record close for FTSE 100 as war fears ease

(Alliance News) - London's FTSE 100 surged on Monday, with blue-chip equities supported by an easing of geopolitical worry, and hope that the Bank of ...

22 Apr 2024 14:54

London close: Stocks jump on weaker sterling, easing geopolitics

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

17 Apr 2024 08:53

LONDON MARKET OPEN: Stocks mixed as UK data douses BoE cut hope

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 underperforming European peers, with a hotter than expected UK i...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.