Boohoo Group Plc releases a trading update

 

  • For the four months ended 31 December 2019, there was revenue growth of 44%.
  • Gross margin came in at 53.5%, a decline of 70 basis points
  • Net cash as on 31 December 2019 was £245 million
  • On 14th January 2020, at the time of writing, GMT 16:21 PM, BOO shares were trading at GBX 333.60, up by 15.60 points or 4.91% against the previous day closing price.