Key highlights
Sports Retail revenue increased by 2.5% on a currency neutral basis (3)
Sports Retail gross margin increased by 110 basis points to 45.6%
Sports Retail gross profit increased by 5.2% on a currency neutral basis
Group underlying EBITDA increased by 7.6% to £218.5m
Underlying profit before tax up 3.6% to £166.4m
Underlying free cash generation of £175.1m (4)
Net debt decreased to £20.3m (£59.7m at 26 April 2015) (5)
Continued roll-out of large format city centre stores
Latest phase of ongoing Shirebrook campus development now complete
Agreed to acquire remaining 50% of Heatons, our Irish associated company
Continued investment in inventory and strategic stakes while maintaining a strong balance sheet
