Burberry Group Plc news and archive

Burberry H1 revenues decline 3 percent

In its interim results statement, British luxury goods maker Burberry said on Thursday its H1 revenue for 2018 slid 3 percent at reported FX and 2 percent at CER. Revenues excluding beauty wholesale were up 3 percent reported and 4 percent CER. Retail comparable store sales were up 3 percent compared to 4 percent increase last year. Commenting...

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Burberry full year profits increase 4.1 percent

British luxury goods maker Burberry said on Wednesday its full year net profit rose. Revenues dropped by 1.2 percent from the same period last year. The company’s net profit for full year 2017/18 was 410 million pounds, up from 394 million pounds a year earlier. Revenues fell to 2733 million pounds. The profit margin of the company increased to...