22nd Jun 2023 17:31
boohoo Group PLC - Manchester-based online fashion retailer - Says its 'back to growth' strategy continues and its guidance remains unchanged from that issued in May. Company still expects to return to profitable growth in the second half of the financial year. Expects to improve adjusted earnings before interest, tax, depreciation and amortisation year-on-year through benefits from investments being made across price, product and proposition. Adds it is continuing its focus on maintaining its strong balance sheet.
Current stock price: 34.09 pence
12-month change: down 43%
By Heather Rydings, Alliance News senior economics reporter
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