Supergroup increases its 2017 full year dividend by 20.7%

DividendMax Ltd.

Supergroup increases its 2017 full year dividend by 20.7%

On a comparable 2016 52-week basis:

Revenue up 27.4% to £752.0m, with retail like-for-like sales growth +12.7%

Underlying gross margin down 130 basis points ("bps") to 60.2% reflecting strength of Wholesale channel mix

Underlying operating margin 11.9% (2016: 12.6%)

Underlying profit before income tax up 18.4% to £87.0m (2016: £73.5m)

Underlying basic earnings per share ("EPS") up 17.4% to 84.5p (2016: 72.0p)

Full year ordinary dividend 28.0p per share, an increase of 20.7% and representing a 3.0x cover

Companies mentioned