×
183
Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Sep 9, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sports Direct raises profit forecast

By
Reuters
Published
Sep 9, 2009

LONDON (Reuters) - Britain's biggest sporting goods retailer, Sports Direct (SPD.L), raised its full-year profit forecast after a strong start to the year.


The Aston Villa Home Kit 2009/2010 at Sports Direct - Photo: www.sportsdirect.com

The firm, 71 percent owned by billionaire Mike Ashley, said on Wednesday 9 September it now expected to achieve underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of "at least" 150 million pounds in the year to end-April 2010.

This compares with a previous forecast of "at least" 140 million pounds and the 137 million pounds made in the previous year.

Sports Direct, which owns Sports World and Lillywhites stores as well as brands such as Slazenger, Lonsdale and Dunlop, said revenue increased 10 percent to 375 million pounds in the 13 weeks to July 26, with group profit up 4.7 percent to 157 million pounds.

"Since the end of July, trading has continued to be ahead of last year and we are very comfortable with our expectation of reducing net debt to below 400 million pounds," said chief executive Dave Forsey.

Shares in Sports Direct, which floated at 300 pence in 2007, have risen by 82 percent over the last six months on recovery hopes, outperforming the UK general retailers index by 19 percent.

The stock closed at 114 pence on Tuesday 8 September, valuing the business at 657 million pounds.

(Reporting by James Davey; editing by Rhys Jones)

© Thomson Reuters 2022 All rights reserved.