FINANCIAL HIGHLIGHTS
Strong trading performance with Group revenue up 31.1% to £334.0m (1H16: £254.7m)
Retail revenue up 25.0% to £215.2m (1H16: £172.1m)
Retail like-for-like sales up 12.8% (1H16: 17.2%)
Online participation of retail sales increased to 21.6% (1H16: 19.2%)
Wholesale revenue increased by 43.8% to £118.8m (1H16: £82.6m)
Favourable currency movements contributed approximately one-third to revenue growth
Underlying Group gross margin of 58.8% (1H16: 60.1%) primarily reflecting sales mix to Wholesale channel
Underlying profit before income tax:
Up 8.8% to £21.0m (1H16: £19.3m)
Before one-off Distribution Centre ("DC") migration costs up 17.6% to £22.7m (1H16: £19.3m)
Before development markets and DC migration, up 20.7% to £26.2m (1H16: £21.7m)
Reported profit before income tax £12.7m (1H16: £11.5m)
Underlying basic earnings per share 21.0p (1H16: 20.0p)
Interim dividend increased by 25.8% to 7.8p (1H16: 6.2p)
