×
973
Fashion Jobs
AIRTEL
Territory Manager - Gulbarga
Permanent · Aland
MARTIN & HARRIS LABORATORIES LTD
Manager-Production
Permanent · Roorkee
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Khandala
Permanent · Lonavala
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Vadodara
Permanent · Vadodara
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bharuch
Permanent · Bharuch
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Nasik
Permanent · Nashik
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gangtok
Permanent · Gangtok
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gondal
Permanent · Gondal
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Rajsamand
Permanent · Rajsamand
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Patna
Permanent · Patna
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Kolhapur
Permanent · Kolhapur
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Vapi
Permanent · Vapi
PAPERGRID INDUSTRIES
Area Manager (Sales)
Permanent · Chennai
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bhavnagar
Permanent · Bhavnagar
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Osian
Permanent · Osian
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gaya
Permanent · Gaya
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Igatpuri
Permanent · Igatpuri
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Ramgarh
Permanent · Ramgarh Cantonment
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Puri
Permanent · Puri
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Kota
Permanent · Kota
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Veraval
Permanent · Veraval
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bhuj
Permanent · Bhuj
By
Reuters
Published
Jul 3, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

UK's Poundland first quarter sales jump 18 pct

By
Reuters
Published
Jul 3, 2014

 

LONDON, United Kingdom - Poundland, the British discount retailer that listed its shares on the London Stock Exchange in March, said on Thursday it had made a strong start to its new financial year as it met profit forecasts for 2013-14.


 

The firm, one of a raft of store groups to float this year and capitalise on Britain's gradually improving economy, said on Thursday sales in its first quarter to June 29 increased 18 percent to 262.6 million pounds ($446.8 million), helped by new store openings and a later Easter this year.
 

"We are confident of further progress through the year whilst recognising our critical third quarter lies ahead of us," said Chief Executive Jim McCarthy.
 

Poundland, which sells all its products at the single price point of 1 pound from over 530 UK stores, said it made an underlying post-tax profit of 27.3 million pounds in the year to March 30 - in line with analysts' forecasts, on sales of 997.8 million pounds, up 13.3 percent.
 

Underlying pretax profit rose 23.5 percent to 36.8 million pounds, while adjusted earnings per share increased 25.1 percent to 10.9 pence.
 

Shares in Poundland, which debuted at 300 pence on March 12 and peaked at 402 pence on the same day, closed Wednesday at 328.7 pence, valuing the business at 821 million pounds.

$1 = 0.5877 British Pounds

© Thomson Reuters 2022 All rights reserved.

Tags :
Retail