Burberry Expects FY27 Wholesale Growth of 10%-12%
- Burberry expects revenue growth and margin expansion in FY27, while remaining mindful of an uncertain external environment.
- Wholesale revenue is forecast to grow 10%-12%, with capital expenditure projected at around £100 million.
- Annualized cost savings are expected to reach around £100 million, including £80 million delivered in FY26.
- Currency movements are expected to lift revenue by about £20 million, with a broadly neutral impact on adjusted operating profit.
- First-half FY27 revenue rose 6% to £1.1 billion; adjusted operating profit reached £62 million.
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