April 27, 2017 4 minutes

Boohoo Group (LSE: BOO) FY17 Results: A Stellar Year and More to Come

Primary Analyst: Coresight Research

Company Earnings Update

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? To access this content for free, register for a free account.

This document was generated for