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Suit specialist Moss Bros' profit rises 9 pct

Wed, 25th Mar 2015 07:03

March 25 (Reuters) - British suit specialist Moss Bros GroupPlc reported a 9 percent rise in full-year profit andsaid its hire business saw an upturn in bookings for the 2015wedding season.

Pretax profit rose to 4.8 million pounds for the year endedJan. 31, from 4.4 million pounds a year earlier.

The menswear specialist said revenue rose 5.1 percent to114.7 million pounds ($170.39 million) while like-for-like salesincreased 5.5 percent.

Moss Bros sells and hires out formal clothing in the UKthrough its Moss Bros, Moss, Moss Bros Hire and Savoy TaylorsGuild brands.

($1 = 0.6732 pounds) (Reporting by Aastha Agnihotri in Bengaluru; Editing by AnupamaDwivedi)

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