British fashion dealer Boohoo to achieve more than 109 million pounds total income

Source: Internet
Author: User
Keywords Pound sterling all year
Tags company customer exchange growing stock stock exchange total total income

British fashion Dealer Boohoo the total revenue of more than 109 million pounds in the fiscal year ending February 28, 2014, growing by 62% per cent a year, while the annual EBITDA (profit before tax depreciation amortization) is expected to rise substantially above 200% per cent from last year's 3.9 million pounds.

The company reported strong performance growth driven by rapid expansion of the UK and overseas customer base, in line with company expectations.

Boohoo Alternative Investment harsh Alternative Investment Market on London's London Stock Exchange on 14th this month, the first day of the listing was 50 pence higher than the offering price 40%, but as of March 28 has fallen to 51 pence, the market value of about 572 million pounds.

By the end of the deadline, Boohoo's share price rose 2.45% to 52.25 pence in Monday, boosted by positive results.

Boohoo is headquartered in Manchester, with a 16-24-year-old teenager as the main customer, the products sold all belong to their own brands, the average price of not more than 17 pounds, in the United Kingdom, Ireland and Australia have a high profile. In the first 10 months up to December 2013, Boohoo sales rose 70% to 91.9 million pounds, adjusted for EBITDA (profit before tax depreciation amortization) of 10.1 million pounds, which was nearly 3.5 million times the same period of three times pounds in the previous year, with a pre-tax profit of 3.2 million pounds.

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