Good morning!
Thank you for the suggestions.
Today I am interested in (list is evolving):
Boohoo (LON:BOO)MPAC (LON:MPAC)Altitude (LON:ALT)Beeks Financial Cloud (LON:BKS)Avation (LON:AVAP)HSS Hire (LON:HSS)Vertu Motors (LON:VTU)
Boohoo (LON:BOO)
Share price: 272.4p (+12%)No. of shares: 1.2 billionMarket cap: £3,160 millionTrading update
A brief but very positive H1 update from Boohoo. Performance is ahead of expectations.
Consequently, the board now anticipates that results for the current financial year will be ahead of previous guidance, with Group sales growth now expected to be between 33% and 38% (against previous guidance of 25% to 30%).
Assuming 35% sales growth, total revenues would climb to £1,155 million in the current financial year.
The company’s broker thinks that only a tiny fraction of the revenue growth will come from Bohoo’s recent acquisitions (MissPap, Karen Miller and Coast). So it’s nearly all organic growth from Boohoo, Prettylittlething and Nasty Gal.
As far…
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