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... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...