Member Info for grammakid

boohoo group plc - final results for the year ended 28 February 2019



Strong growth and solid profitability



2019

2018

Change



£ million

£ million



Revenue

856.9

579.8

+48%

Gross profit

469.0

306.4

+53%

Gross margin

54.7%

52.8%

+190bps

Adjusted EBITDA(1)

84.5

56.9

+49%

% of revenue

9.9%

9.8%

+10bps

Adjusted EBIT(2)

75.1

50.4

+49%

% of revenue

8.8%

8.7%

+10bps

Adjusted profit before tax(3)

76.3

51.0

+49%

Profit before tax

59.9

43.3

+38%

Adjusted diluted earnings per share(4)

4.15p

3.23p

+29%

Diluted earnings per share

3.22p

2.71p

+19%

Net cash(5) at year end

190.7

133.0

+£57.7 million





Financial Highlights

Group

· Revenue £856.9 million, up 48% (47% CER(6))

· Strong revenue growth across all geographies with UK up 37% and international up 64%

· Gross margin increased to 54.7% (2018: 52.8%)

· Adjusted EBITDA £84.5 million, 9.9% of revenue (2018: £56.9 million, 9.8%)

· Adjusted profit before tax £76.3 million (2018: £51.0 million)

· Strong balance sheet with net cash of £190.7 million (2018: £133.0 million), with robust operating cash flow of £111.9 million (2018: £76.2 million)

boohoo

· Revenue £434.6 million up 16% (15% CER)

· Gross margin 52.9%, up 170bps

PrettyLittleThing

· Revenue £374.4 million up 107% (107% CER)

· Gross margin 56.6% up 140bps

Nasty Gal

· Revenue £47.9 million up 96% (100% CER)

· Gross margin 56.7% down 290bps



Operational Highlights

Group

· Burnley distribution centre extension build and fit-out completed, with automation live in April 2019

· PrettyLittleThing's distribution centre successfully relocated to a larger facility in Sheffield

boohoo

· 7.0 million active customers(7), up 9% on prior year

· Strong international growth, now 44% of total revenue

· Significant investments in customer service improving the customer proposition

PrettyLittleThing

· 5.0 million active customers, up 70% on prior year

· Customer proposition resonating with consumers, driving growth and increasing market share

· High profile celebrity associations driving traffic and international expansion, exceptionally well in the US

Nasty Gal

· 0.9 million active customers, up 122% on prior year

· Extensive product range now comprises over 8,000 lines

· Strong growth in US home market and international appeal and revenue growing rapidly

Well there goes my prediction... Won't go back up now...oh well... Fingers crossed for a good morning

expecting 225 by close today...im hoping for great results tomorrow with the automated warehouse showing its value...my guess would be mid 230s tomorrow and then its anyones guess...£3 is the cherry but cant see that for another 6 months at a minimum

Breaking: huge deal in North Sea and West of Shetland, as @conocophillips exits UK oil + gas exploration + production, selling assets (280m barrels proved and probable) for $2.7 billion to Chrysaor, making it one of the biggest UK operators, up from 72k to 177k barrels per day

Explosion risk over North Sea platform

An oil firm has said it has taken action after concerns were raised about the potential for gas to accumulate on a North Sea platform.

The Health and Safety Executive issued a prohibition notice to Premier Oil because it found flammable gases were not being combusted by a flare system.

The safety watchdog said the issue risked fire and explosion on the Balmoral floating production vessel.

Premier said it had taken "all the appropriate action" to address it.

The company said in a statement: "It is our highest priority to operate all of our assets in a safe and responsible manner and Premier has taken all the appropriate action to address the issue raised in the prohibition notice."

thanks mytton

does anyone know when there will be any news from Zama-3

originally was in at 240 and been able to average down to 222.4 - when it went down to 159 it was heartbreaking so now the figures look decent...think i'll be in until results day...contemplating selling on results day or the day before - not decided just yet...

i do think boo will post good results...but as history seems to show, boo tends to drop on good results - the market expects great results...anything short of great leads to a drop...which then means is it worth selling just before the results...so if you are trying to buy back in is it only for a couple of weeks?

the upside is boo now at around 199.8

Jennifer Lopez and PLT tie up announced by Umar this weekend

finally back in the 190s....hope it gains some stronghold to stay here and push on into late 190s by end of next week to build some momentum before the prelim results

boohoo group plc (AIM: BOO), a leading online fashion group, announces that it has issued new ordinary shares of 1 pence each ("New Ordinary Shares") to its Chairman and Non-executive Directors as part of their compensation package.



A total of 31,223 New Ordinary Shares were issued at an effective price of 176.15 pence under the terms of their service agreements which require compensation to be made partly in cash and partly in Ordinary Shares. The New Ordinary Shares represent the share compensation due for the year ending February 2019 and are subject to lock in provisions for as long as the recipient remains a director of boohoo. The details of the issuance are set out below:





Director

Value of the share issuance

Number of New Ordinary Shares Issued

Number of Ordinary Shares held following the issuance

Percentage of the enlarged Ordinary Share Capital

Peter Williams

£25,000

14,192

506,154

0.044

Sara Murray

£10,000

5,677

17,921

0.002

Pierre Cuilleret

£10,000

5,677

111,096

0.010

Iain McDonald

£10,000

5,677

440,096

0.038





Trading in the New Ordinary Shares, which will rank pari passu in all respects with the existing Ordinary Shares, is expected to commence on or around 5 March 2019.



Total Voting Rights

Following admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be 1,162,811,822. The Company does not hold any shares in treasury.



The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

16 January 2019

Clontarf Energy plc

("Clontarf" or "the Company")

Change of Nominated Adviser

The Directors of Clontarf (AIM: CLON) are pleased to announce that the Company has appointed, with immediate effect, Strand Hanson Limited as the Company's Nominated & Financial Adviser.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

Group

· Strong revenue growth of 44% (43% CER) across all geographic regions

· Gross margin for the four months 54.2%, up 170bps

· Strong balance sheet with net cash of £189 million (31 December 2017: £127 million)



boohoo

· Revenue £163.5 million, up 15% (14% CER). Year-to-date revenue £372.5 million, up 15% (13% CER)

· Gross margin for the four months 52.2%, up 150bps



PrettyLittleThing

· Revenue £144.2 million, up 95% (96% CER). Year-to-date revenue £312.8 million, up 114% (115% CER)

· Gross margin for the four months 56.4%, up 110bps



Nasty Gal

· Revenue £20.6 million, up 74% (76% CER). Year-to-date revenue £38.3 million, up 89% (93% CER)

· Gross margin for the four months 54.4% (2018: 55.3%)

on for a good day

Group revenue growth for the financial year to 28 February 2019 is expected to be 43% to 45%, ahead of our previous guidance of 38% to 43%. We expect group adjusted EBITDA margins to be between 9.25% and 9.75%, narrowing the range from the 9% to 10% as previously guided. All other guidance remains unchanged.

tbh it wasnt guru who interrupted my positivity about boohoo...it was asos...until I realised the asos drop is due to its model..and since then all the high street trading updates are generally reporting an increase in online sales...things looking good for next week

so far - 3.33% green...building nicely - looking towards 190 by the end of the week

5.74% at the moment...wasn't expecting such an upturn but slowly getting back to where it should be...there seems to be a little less pessimism in how December went with some retailers...hoping for late 190 by the end of the week with some positive results on 15th to bring it back to 210-220