Ted Baker increases its 2014 full year dividend by 19.6%

DividendMax Ltd.

Ted Baker increases its 2014 full year dividend by 19.6%

Group revenue up 20.4% to £387.6m

Retail sales up 18.4% to £306.9m

o UK and Europe retail sales up 16.7% to £231.8m

o US and Canada retail sales up 24.9% to £63.3m

o E-commerce sales up 58.2% to £36.7m

Wholesale sales up 28.5% to £80.7m

Licence income up 31.2% to £11.7m

Proposed final dividend of 29.0p bringing total dividend to 40.3p an increase of 19.6%

Ray Kelvin CBE, Founder and Chief Executive, said:

"This was another excellent year as we continued to develop Ted Baker as a leading lifestyle brand across global markets and distribution channels.

We continue to invest in the brand as we develop in new markets where we see long term growth. All the while, we remain totally focused on the quality, design and attention to detail which underpins every area of the Group.

Our customers' reaction to our Spring/Summer collections across markets has been very encouraging and we are excited by our new store openings in the coming months, which include a first store devoted to showcasing our extended licence product range in Spitalfields, London.

The strength and success of the Ted Baker brand is testament to the skill, talent and 'Tedication' of our team across the world, and I would like to take this opportunity to thank them for their hard work and 'pashion' during the year. We look forward with continued confidence as we further develop Ted Baker globally."


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