Boohoo Group (LSE: BOO) 1H19 Results: Strong Revenue Growth Boosted by PrettyLittleThing

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Key Points

  • Boohoo Group reported 1H19 group revenue growth of 50.0%, taking revenues to £395.3 million, ahead of the consensus estimate of £385.9 million.
  • Group gross margin expanded by 200 basis points to 55.3% during the six-month period.
  • The company raised its full year revenue growth guidance to the range 38.0%–43.0% from previous guidance range of 35.0%–40.0%, with guidance for its adjusted EBITDA margin being maintained in the range 9.0%–10.0%.

Boohoo Group reported 1H19 group revenue growth of 50.0%, taking revenues to £395.3 million, ahead of the consensus estimate of £385.9 million.

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