Business
Half-year Report
Half-year Report.
About this update from Burberry Group Plc
[{"type":"text","content":"\n \nRNS Number : 7026G Burberry Group PLC 08 November 2018 \n\n8 November 2018\nBurberry Group plc\nInterim results for 26 weeks ended 29 September 2018\n \n \nBrand repositioning underway, with strong initial response\n \n\"We are energised by the early results as we begin to transform and reposition Burberry. The initial response from influencers, press, buyers and customers to our new creative vision and Riccardo's debut collection Kingdom has been exceptional. Mindful that we are only in the first phase of our multi-year plan, we continue to manage dynamically through the transition. We confirm our outlook for the full year.\"\nMarco Gobbetti, Chief Executive Officer\n \n \n\n\n\n\n£ million\n\n\n29 Sept \n\n\n30 Sept \n\n\n \n\n\n% change\n\n\n\n\nPeriod ended:\n\n\n2018\n\n\n2017\n\n\n \n\n\nreported FX\n\n\nCER#\n\n\n\n\nRevenue\n\n\n1,220\n\n\n1,263\n\n\n \n\n\n(3)\n\n\n(2)\n\n\n\n\nRevenue ex. Beauty wholesale*\n\n\n1,220\n\n\n1,186\n\n\n \n\n\n3\n\n\n4\n\n\n\n\n Retail comparable store sales*\n\n\n3%\n\n\n4%\n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nAdjusted operating profit*\n\n\n178\n\n\n185\n\n\n \n\n\n(4)\n\n\n8\n\n\n\n\nAdjusted operating profit margin\n\n\n14.6%\n\n\n14.6%\n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nReported operating profit\n\n\n173\n\n\n127\n\n\n \n\n\n36\n\n\n \n\n\n\n\nAdjusted Diluted EPS (pence)*\n\n\n32.9\n\n\n32.3\n\n\n \n\n\n2\n\n\n14\n\n\n\n\nDiluted EPS (pence)\n\n\n31.6\n\n\n21.4\n\n\n \n\n\n48\n\n\n \n\n\n\n\nFree cash flow*\n\n\n46\n\n\n171\n\n\n \n\n\n \n\n\n \n\n\n\n\nDividend (pence)\n\n\n11.0\n\n\n11.0\n\n\n \n\n\n0\n\n\n \n\n\n\n \n \n \n \n \n \n \n\n\n\n*See page 11 for definitions of alternative performance measures\n \n· Exceptional response to new creative vision, including rebranding and Riccardo's debut collection\n· Successful launch of new go-to-market model, with social selling innovation contributing to building brand heat\n· Consumer perception shifting; significant increase...