JD Sports Fashion Plc Report 47% Surge In Group Revenue For H1 2019

JD Sports Fashion Plc (LSE: JD), for the first half or 26 weeks ended 3 August 2019, reported a 47 per cent surge in group revenue to £2,721.2 million (IFRS 16) as compared to £1,846.3 million in H1 2018. Group’s EBITDA on a comparable accounting basis increased by 37% to £235.2 million from £171.8 million in H1 2018. The reported profit before tax increased by 6.6% to £129.9 million as compared to £121.9 million in H1 2018.

On 10th September 2019, at the time of writing, GMT 11:22 AM, JD shares were trading at GBX 670.40, up by 37.80 points or 5.97% against the previous day closing price.

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