The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Sports Direct says H1 earnings rise

Mon, 16th Dec 2019 07:18

LONDON, Dec 16 (Reuters) - Sports Direct, the
British sportswear retailer controlled by founder Mike Ashley,
reported a 22% rise in first-half core earnings, helped by an
improvement in its premium House of Fraser unit and its European
retail business.

The group said on Monday its underlying earnings (EBITDA)
including acquisitions came in at 181.2 million pounds ($232.48
million) in the six months to Oct. 27, compared to the 148.8
million pounds it made in the same period last year.

In July the group revealed it had received a 674 million
euro bill from Belgium's tax authority, but the company repeated
on Monday that the issue would not lead to "material
liabilities" and said it would find a resolution soon.
($1 = 0.7794 pounds)
(Reporting by Sarah Young; editing by Kate Holton)

Related Shares

More News
22 Apr 2024 14:45

UK shareholder meetings calendar - next 7 days

22 Mar 2024 13:38

Secured Property to change name and switch focus to technology

(Alliance News) - Secured Property Developments PLC on Friday that it plans to adopt a new investment strategy focused on "the next computing paradigm...

17 Dec 2019 09:31

UK BROKER RATINGS SUMMARY: JPMorgan Cuts Rio And BHP, Raises Anglo

UK BROKER RATINGS SUMMARY: JPMorgan Cuts Rio And BHP, Raises Anglo

16 Dec 2019 16:57

LONDON MARKET CLOSE: FTSE Soars On US-China Deal And Tory Election Win

LONDON MARKET CLOSE: FTSE Soars On US-China Deal And Tory Election Win

16 Dec 2019 16:42

LIVE MARKETS-Closing snapshot: A day of records

* European shares trade at new lifetime high* U.S.-China trade deal, Brexit clarity lift spirits* Euro zone business growth stayed weak* Electrolux sl...

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.