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Ted Baker 28-week Profit Declines; Group Revenue Up 3.5% - Quick Facts

Ted Baker Plc (TED.L) reported profit before tax of 24.5 million pounds for the 28 weeks ended 11 August 2018 compared to 25.3 million pounds, previous year. Earnings per share was 42.7 pence compared to 43.1 pence. Profit before tax and exceptional items increased by 3.5% to 25.0 million pounds. Adjusted earnings per share was 43.8 pence compared to 41.2 pence.

Group revenue for the 28 weeks ended 11 August 2018 increased by 3.5% (5.5% in constant currency) to 306.0 million pounds from 295.7 million pounds, prior year. Retail sales including e-commerce were up 1.1% (up 2.9% in constant currency) to 220.1 million pounds.

The Board has declared an interim dividend of 17.9 pence, representing an increase of 7.8%, which will be payable on 23 November 2018 to shareholders on the register at the close of business on 12 October 2018.

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