Thursday 8 December 2016

Next profits up by more than 7pc

Kate Holton

Published 10/09/2015 | 07:58

Clothing retailer Next posted a 7.1 percent rise in first-half profit today after selling more products than expected at full price.

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The group made a pretax profit of 347.1 million pounds ($533.4 million) in the six months to July.

That compares with 324.2 million pounds in the same period last year. The group also reiterated its full-year outlook.

Next has more than 500 shops in Britain and Ireland, some 200 mainly franchised stores overseas and its directory catalogue and internet business,

Reuters

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