Boohoo H1 sales surge, pre-tax profit jumps 83 percent

Boohoo Group revenue for the half year increased by 43 percent on both constant and current exchange basis to 564.9 million pounds (704 million dollars). The company’s adjusted EBITDA was 60.7 million pounds (75.6 million dollars), an increase of 53 percent on the first half of the previous year, while adjusted EBITDA margin reached 10.8 percent compared to 10 percent in the previous year. The company said, profit before tax was 45.2 million pounds (56.3 million dollars), an increase of 83 percent and adjusted diluted earnings per share were 2.91p, up 46 percent on the prior half year, while basic earnings per share rose to 2.55p, an increase of 80 percent.