Clothing firm Supergroup saw underlying profit before tax ease to £13.0m in the 26 weeks to 30 October from £13.5m at the interim stage last year.
Group revenue shot up 51% to £136.1m from £90.3m the year before.
The company said that the warehouse system and operational issues that affected its performance have been resolved. The profit impact of the distributions systems foul-up has been put at £8.8m for the full-year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
More to follow ...
--
jh
-
FTSE 100 hits record highs – why is it rising and will we see more gains?Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
-
How to invest in copperIt may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
