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Next Plc Issues H2 2013 Revenue Guidance; Raises FY 2013 Earnings Guidance-DJ


Tuesday, 30 Jul 2013 04:07am EDT 

Dow Jones reported that Next Plc said that it now expects fiscal 2013 group pretax profit to be in the range of between GBP635 million and GBP675 million, compared with previous guidance range of GBP615 million to GBP665 million. Full year pretax profit before tax growth to be between +2.2% to +8.6%, compared with earlier expectations of -1.0% to +7.0% growth. Expects full year underlying basic earnings per share growth of +8% to +15%, versus pervious guidance of +4% to +13% growth. Issuing the same sales guidance for the second half as for the first half that is +1% to +4%. The Company reported revenue of GBP1.90 billion for second half of 2013, pretax profit of GBP621 million, EPS of GBP2.89 in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report pre-tax profit of GBP655 million and EPS of GBP3.19 for fiscal 2013. 

Company Quote

7130.0
10.0 +0.14%
27 Aug 2014