SuperGroup celebrates soaring sales
3rd July 2017
SuperGroup Plc, owner of the Superdry fashion clothing brand, has revealed strong end of year results for the 53 weeks to the end of April.
The Cheltenham based company saw a 20 per cent rise in underlying profit before income tax taking it to £87million and profit before tax was up by 53.1 per cent to £84.8million.
Overall sales were up by nearly 26 per cent to £752million with retail like-for-like sales growing by over 12 per cent.
SuperGroup CEO Euan Sutherland said: "Our focus on delivering long-term sustainable growth continues, through a multi-channel approach that balances a disciplined owned and franchised store opening programme with further development of our re-engineered Wholesale channel and strong E-commerce proposition.
"The Group is globally diversified and financially strong and we remain confident in our strategy to further embed Superdry's position as a global lifestyle brand.
"Investment in infrastructure is underpinning our global growth plans and creating future leverage opportunities while ongoing product innovation and new social and digital marketing campaigns are introducing new customers to the Superdry brand."
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