Half Year Trading Update

RNS Number : 4754R

boohoo.com plc

12 September 2014

 



For Immediate Release                                                                                                12 September 2014

boohoo.com plc

("boohoo.com" or the "Company")

Half Year Trading Update and Notice of Interim Results

boohoo.com (AIM: BOO), one of the UK's largest pure-play online, own brand fashion retailers, is pleased to announce a trading update ahead of its interim results for the six months to 31 August 2014.

Revenue for the half year is approximately £67m, up 31% compared with the same period last year or 36% on a constant currency basis (CER).  Revenue growth during the first half has continued to accelerate in line with management expectations with second quarter revenue growth of 37% or 41% CER up from 24% and 28% respectively in the first quarter. Improvement in growth was seen across all regions during Q2 with the UK up 50%, the Rest of Europe up 61% CER (50% reported) and the Rest of the World up 8% CER (0% reported).

The Company confirms that it continues to trade in line with expectations for the full year to 28 February 2015.

The Company also announces that it will issue its interim results for the six months to 31 August 2014 on Tuesday 14 October 2014. An analyst briefing will be held at 9.30am on 14 October 2014 at the offices of Buchanan, 107 Cheapside, EC2V 6DN.

Enquiries:

boohoo.com plc Mahmud Kamani, Joint Chief Executive Carol Kane, Joint Chief Executive Neil Catto, Chief Financial Officer Benjamin Robertson, Investor Relations	c/o Buchanan [phone] [e-mail]
Buchanan - Financial PR adviser Richard Oldworth Helen Chan Gabriella Clinkard	[phone] [e-mail]
Zeus Capital - Nominated adviser and broker Nick Cowles Andrew Jones John Goold	Tel: [phone] Tel: [phone]

About boohoo.com

"The Global Fashion Leader for a Social Generation"

boohoo.com is one of the UK's largest pure-play online, own brand fashion retailers. The Company designs, sources, markets and sells own brand clothing, shoes and accessories through the www.boohoo.com website to a core market of 14-35 year old consumers in the UK and globally.

boohoo.com is focused on selling the latest on-trend fashions across a range of aspirational, but value orientated, boohoo branded products. Founded in 2006, boohoo.com has grown rapidly, developing a brand identity and an international online proposition for consumers.

www.boohoo.com

www.boohoo.com/usa

www.boohoo.com/canada

www.boohoo.com/aus

www.boohoo.com/newz

www.boohoo.fr

www.boohoo.es

www.boohoo.de

www.boohoo.se

www.boohoo.nk

 

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