(RTTNews) – NEXT Plc (NXGPF, NXT.L), a British clothes, footwear and residential merchandise retailer, Thursday reported that its first-half revenue earlier than tax grew 4 % to 432 million kilos from final yr’s 416 million kilos.
Pre-tax earnings per share had been 375.3 pence, up 8.1 % from 347.2 pence a yr in the past. Publish-tax earnings per share had been 282.8 pence, in comparison with final yr’s 266.2 pence.
Headline NEXT Group revenue earlier than tax was 452 million kilos, in comparison with 422 million kilos final yr.
Whole Group statutory gross sales within the first half elevated 13.6 % to 2.86 billion kilos from 2.52 billion kilos a yr in the past.
Whole Group gross sales, together with subsidiaries and fairness investments, had been up 8 % from the prior yr to 2.95 billion kilos
Full value gross sales went up 4.4 %.
Additional, the Board has declared an interim abnormal dividend of 75 pence per share to be paid on January 3, and the report date will likely be December 6.
Wanting forward for fiscal 2025, the corporate now initiatives NEXT Group revenue earlier than tax of 995 million kilos, a development of 8.4 %, in comparison with earlier estimate of 980 million kilos, with a development of 6.7 %.
Pre-tax earnings per share can be 830.4 pence, up 9.7 %, in comparison with earlier estimate of 818.8 pence, up 8.1 %. Publish-tax earnings per share can be 625.7 pence, up 8.1 %, in comparison with earlier estimate of 616.5 pence, up 6.5 %.
The corporate now expects complete Group gross sales to develop by 6.6 % to six.23 billion kilos, in comparison with earlier estimate of 6 % development.
Full value gross sales now can be 5.0 billion kilos, up 4 %, in comparison with earlier estimate of 4.9 billion kilos, up 3.4 %.
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