Boohoo Group Says FY28 Cost Reductions Expected

By Reuters News

Oct 23 (Reuters) - Boohoo Group PLC DEBS.L:

  • BOOHOO GROUP PLC - RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2026

  • BOOHOO GROUP - BOARD EXPECTS FULL-YEAR GMV GROWTH AND ADJUSTED EBITDA OF NO LESS THAN £59M

  • BOOHOO GROUP - FY28 COST REDUCTIONS EXPECTED: DEPRECIATION £14M, LEASE COSTS £4M, INTEREST REDUCED BY £10M

  • BOOHOO GROUP - H1 FY27 ADJUSTED EBITDA INCREASES 14.6% TO £24M WITH MARGIN OF 5.9%

  • BOOHOO: TRADING IN SEPTEMBER CONTINUED TO BE GOOD, WITH GROUP EXPERIENCING FURTHER ACCELERATED GROWTH

  • BOOHOO: NET DEBT IS EXPECTED TO BE NEGLIGIBLE AT YEAR-END

Further company coverage: DEBS.L

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