Business
Burberry FY25 Preliminary Results
Burberry FY25 Preliminary Results.
About this update from Burberry Group Plc
[{"type":"text","content":"\n\n14 May 2025\nBURBERRY GROUP PLC\nPRELIMINARY RESULTS FOR 52 WEEKS ENDED 29 MARCH 2025\n \n\"After a challenging first half, we have moved at pace to implement Burberry Forward, our strategic plan to reignite brand desire, improve our performance and drive long-term value creation. Our customers are responding to our Timeless British Luxury brand expression. With improvement in brand sentiment, we will be ramping up the frequency and reach of our campaigns as our Autumn and Winter collections arrive in store. The continued resilience of our outerwear and scarf categories reaffirms my belief that we have the most opportunity where we have the most authenticity. While we are operating against a difficult macroeconomic backdrop and are still in the early stages of our turnaround, I am more optimistic than ever that Burberry's best days are ahead and that we will deliver sustainable profitable growth over time.\"\nJoshua Schulman, Chief Executive Officer\n \n\n\n\n\nPeriod ended\n£ million\n\n\n52 weeks ended\n29 March 2025\n\n\n52 weeks ended\n30 March 2024\n\n\nYoY % change\nReported FX\n\n\nYoY % change\nCER\n\n\n\n\nRevenue\n\n\n2,461\n\n\n2,968\n\n\n(17)\n\n\n(15)\n\n\n\n\n Retail comparable store sales*\n\n\n(12%)\n\n\n(1%)\n\n\n \n\n\n \n\n\n\n\nAdjusted operating profit*\n\n\n26\n\n\n418\n\n\n(94)\n\n\n(88)\n\n\n\n\nAdjusted operating margin*\n\n\n1.0%\n\n\n14.1%\n\n\n(1300bps)\n\n\n(1210bps)\n\n\n\n\nAdjusted diluted EPS (pence)*\n\n\n(14.8)\n\n\n73.9\n\n\n(120)\n\n\n(107)\n\n\n\n\nReported operating (loss)/profit\n\n\n(3)\n\n\n418\n\n\n(101)\n\n\n \n\n\n\n\nReported operating margin\n\n\n(0.1%)\n\n\n14.1%\n\n\n(1420bps)\n\n\n \n\n\n\n\nReported diluted EPS (pence)\n\n\n(20.9)\n\n\n73.9\n\n\n(128)\n\n\n \n\n\n\n\nFree cash flow*\n\n\n65\n\n\n63\n\n\n5\n\n\n \n\n\n\n\nProposed dividend (pence)\n\n\n-\n\n\n61.0\n\n\nn/a\n\n\n \n\n\n\n\n*See page 11 for definitions of alternative performance measures\nComparable store sales by region*\n\n\n\n\nvs LY\n\n\nGroup\n\n\nAsia Pacific*\n\n\nEMEIA\n\n\nAmericas\n\n\n\n\nQ4\n\n\n(6%)\n\n\n(9%)\n\n\n(4%)\n\n\n(4%)\n\n\n\n\nFY25\n\n\n(12%)\n\n\n(16%)\n\n\n(8%)\n\n\n(9%)\n\n\n\n\n*See page 5 for further detail including split of Asia Pacific\n \nFY25 FINANCIAL PERFORMANCE\n· Revenue -15% at ...