Next PLC (NXT.L)
21 Apr 2017
Latest Key Developments (Source: Significant Developments)
Next Plc:Says FY 2016 Group profit before tax will be in between 805 mln to 845 mln Pounds from previously guidance of 785 mln to 835 mln Pounds.Says for FY 2016, mid-point of our new profit guidance is 825 mln Pounds.Says FY 2015 sales guidance range has been increased and is now +3.5 pct to +6 pct.To pay further special dividend of 60 pence per share on Nov. 2 to shareholders registered at close of business on Oct. 9.Shares will trade ex-dividend from Oct. 8. Full Article
LONDON British clothing retailer Next reported its first drop in annual profit since 2009 and said it was "extremely cautious" about the year ahead but its battered shares rose on hopes its management has got to grips with its problems.