Company Earnings Update 4 minutesRegister for Free AccessBoohoo Group (LSE: BOO) FY17 Results: A Stellar Year and More to Come Coresight Research April 27, 2017 Executive Summary Boohoo.com grew FY17 revenues by 49% at constant exchange rates, with US revenues up 124% at constant rates. Reduced marketing spend and the leveraging effects of scale helped double operating profit to £30 million. For FY18, the company forecasts sales will grow by a further 50%, helped by its acquisition of PrettyLittleThing (PLT) and Nasty Gal. Boohoo.com expects to report an EBITDA margin of around 10%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: NRF 2023: Retail’s Big Show Wrap-Up—Business Agility, Purpose, Technology and Personalization Characterize Retail’s FutureChina Consumer Tracker: Consumer Sentiment Remains VolatilePent-Up Demand for Travel Unleashed Ahead of Summer: US Consumer Survey Insights ExtraInnovator Profile: Quiver Expands Fulfillment Capabilities for E-Commerce Retailers, Putting Climate First
