Thursday, 29 June 2017

Superdry owner rushes out annual financial results after 'theft'



The owner of the Superdry fashion chain has taken the rare step of releasing core figures from its annual results a week early, blaming a "theft".
 
SuperGroup said the move was precautionary as a "random theft from an employee" meant an "external party may have had sight" of a draft copy detailing its performance.


It is believed it was a reaction to a bag being stolen.


Such information could potentially be financially useful to someone in possession of the document though the company's statement suggested it was not believed to be a deliberate act.


It said it would now release its full annual results statement to the City on Monday 3 July.
 
 
Supergroup, which is listed on the FTSE 250 index, said it made a pre-tax profit of £84.8m in the year to 29 April - a jump of more than 53% on the previous 12 months.


Revenues grew by more than 27% to £752m as comparable sales jumped by almost 13%. It maintained its profit guidance for the current year.


Shares were mostly flat in response to the unexpected development - closing 0.1% up.




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