Luxury goods group Burberry Group Plc. (BRBY.L) reported Thursday that its first-half profit before tax increased 9 percent to 154.7 million pounds from last year's 141.8 million pounds. Earnings per share climbed 14 percent to 26.7 pence from 23.4 pence last year.
Adjusted profit before tax was 152.9 million pounds, compared to 152.3 million pounds a year ago. On an underlying basis, adjusted profit grew 3 percent. Adjusted earnings per share were 26 pence, compared to 25.4 pence last year.
Burberry said it delivered robust performance amidst challenging environment for luxury.
As planned, licensing profit dropped 13% underlying, as Japanese licences expire.
Revenue for the period was 1.105 billion pounds, compared to 1.100 billion pounds a year ago.
Further, the company announced an interim dividend increase of 5% to 10.2 pence.
Looking ahead, Burberry said it expects total wholesale revenue at constant exchange rates in the six months to 31 March 2016 to be broadly unchanged on the same period last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.