Share Name Share Symbol Market Type Share ISIN Share Description LSE:BOO London Ordinary Share JE00BG6L7297 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.25p +0.97% 234.25p 234.00p 234.50p 240.00p 226.25p 240.00p 7,079,530 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 294.6 30.9 2.2 107.0 2,689.14 plc Pre-close Trading Update and Notice of Results

28/02/2017 7:01am

UK Regulatory (RNS & others)


RNS Number : 9916X plc

28 February 2017

 For Immediate Release   28 February 2017 plc

Pre-close Trading Update and Notice of Results

Pre-close Trading Update plc ("the boohoo Group" or "the Group"), the leading online fashion retailer, has delivered a strong trading performance since the Group's trading update on 10 January 2017. The Board now expects boohoo Group revenue growth for the twelve months to 28 February 2017 ("FY 17") to be around 50%, ahead of the previously guided range of 46% to 48%. The Group continues to benefit from improved operating leverage in the business and now expects to deliver an adjusted EBITDA margin at the top end of the previously guided range of 11% to 12%. This guidance relates to and, which has been consolidated from 3 January 2017.

Notice of Results

The boohoo Group will announce its Preliminary Results for the twelve months to 28 February 2017, and provide detailed financial guidance for FY 18, on 26 April 2017.

Enquiries plc 
  Neil Catto, Chief Financial         Tel: +44 (0)161 233 2050 
  Officer                             Tel: +44 (0)7748 171236 
  Clara Melia, Investor Relations 
 Zeus Capital - Nominated 
  adviser and joint broker            Tel: +44 (0)161 831 1512 
  Nick Cowles/Andrew Jones            Tel: +44 (0)20 3829 5000 
  (Corporate Finance) 
  John Goold/Benjamin Robertson 
  (Corporate Broking) 
 Jefferies Hoare Govett -            Tel: +44 (0)20 7029 8000 
  Joint Broker 
  Nick Adams/Max Jones 
 Buchanan - Financial PR 
  adviser                             Tel: +44 (0)20 7466 5000 
  Richard Oldworth/Madeleine 
  Seacombe/Jane Glover 


"The voice and style of the social generation"

Keeping one step ahead of the trends or making a subtle style change is easy with and with up to 100 new pieces hitting the site every day and a new collection each week, never stops - it is 24/7 fashion at its best. From the UK's best kept fashion secret to one of the fastest growing international retailers, has quickly evolved into a global fashion leader of its generation. Combining cutting-edge, aspirational design with an affordable price tag, has been pushing boundaries since 2006 to bring its customers all the latest looks for less.                                          

This announcement has been determined to contain inside information.

This information is provided by RNS

The company news service from the London Stock Exchange



(END) Dow Jones Newswires

February 28, 2017 02:01 ET (07:01 GMT)

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