Boohoo Group PLC (LSE:BOO)
£ 0.3112 -0.001 (-0.32%) Market Cap: 434.43 Mil Enterprise Value: 690.13 Mil PE Ratio: 0 PB Ratio: 2.66 GF Score: 51/100

Full Year 2019 Boohoo Group PLC Trading Statement Call Transcript

Jan 14, 2020 / 09:30AM GMT
Release Date Price: £3.34 (+4.94%)
Operator

Hello, and welcome to the boohoo group plc Trading Update. (Operator Instructions) And just to remind you, this conference call is being recorded. Today, I'm pleased to present John Lyttle, Chief Executive Officer. Please go ahead with your meeting.

John William Lyttle
boohoo group plc - CEO & Director

Thank you, operator, and good morning, everyone. Thank you for taking the time to join us this morning for our peak trading update call. I'm joined by Carol, Mahmud and Neil. I'm going to take you through our update. And after that, we'll open up the call to Q&A.

So on to the results. We feel that these demonstrate yet another great trading performance for the group with sales up 44% for the 4 months to December 31. We're delighted with the headway and market share gains that we're seeing in all of our markets, which is exactly what our platform of brands are focused on delivering.

In the U.K., sales grew 42% with growth accelerating from what we saw in the first half. We believe this to be well ahead of the wider market, especially

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