Next PLC Keeps FY Profit Guidance Unchanged

Nov 5 (Reuters) - Next PLC NXT.L:

• NEXT PLC - TRADING STATEMENT

• NEXT PLC: MAINTAINING OUR GUIDANCE FOR FULL YEAR PROFIT BEFORE TAX AT £1,255M, UP +8.4%.

• NEXT PLC: EXPECT FULL PRICE SALES IN THE UK TO BE UP +2.0% IN Q4

• NEXT PLC: INTERNATIONAL GROWTH IS EXPECTED TO MODERATE IN Q4

• NEXT PLC: MAINTAINING Q4 FULL PRICE SALES GUIDANCE TO BE UP +5.8%

• NEXT PLC: FY PROFIT GUIDANCE IS UNCHANGED

• NEXT PLC: IN THE THIRTEEN WEEKS TO 31 OCTOBER, FULL PRICE SALES WERE UP +8.1%

• NEXT PLC: Q3 UK FULL PRICE SALES UP +2.0%

• NEXT PLC: Q3 UK GROWTH WAS VOLATILE, WITH UNSEASONABLY WARM WEATHER ADVERSELY AFFECTING SALES IN SEPT

• NEXT PLC: Q3 INTERNATIONAL FULL PRICE SALES WERE UP +32.2%

• NEXT PLC OUTLOOK FY NEXT FULL PRICE SALES £6.03BN

• NEXT PLC OUTLOOK FY TOTAL GROUP SALES (INC. MARKDOWN & INVESTMENTS) £7.54BN

• NEXT PLC OUTLOOK FY POST-TAX EPS 820.6P

• NEXT PLC: THIS YEAR, AS WE ADAPT TO EU TARIFF CHANGE, EXPECTS NET COST INCREASE OF AROUND £5M AFTER ACCOUNTING FOR OTHER COST SAVINGS

• NEXT PLC: OUTLOOK ASSUMES CO USE £136M TO BUY BACK SHARES, WHICH MAY NOT BE POSSIBLE BECAUSE SHARE PRICE IS CURRENTLY ABOVE BUYBACK PRICE LIMIT

Further company coverage: NXT.L