JD Sports delivers record set of results following acquisition

JD Sports
Bury based JD Sports has delivered a record set of results with revenues soaring by almost 50% in the last year. According to the firm’s preliminary results revenues rose by 49.2% to £4.7bn. Gross profit was up by 47.5% and EBITDA rose by more than 26% to £488m. Operating profit rose by 17% to £361m. The firm, which is in the process of buying rival FootAsylum for £90m, saw headline profit before tax and exceptional items increased by 15.5% to £355.2m. Encouraging total like for like sales growth in global Sports... For the full story register now for free or login below...