Mulberry Group PLC Trading Update (7933W)
28 Aprile 2021 - 08:00AM
UK Regulatory
TIDMMUL
RNS Number : 7933W
Mulberry Group PLC
28 April 2021
28 April 2021
Mulberry Group plc
Trading Update
This announcement contains inside information as defined in
Article 7 of the Markets Abuse Regulation.
Mulberry Group plc (the "Group" or "Mulberry"), the British
luxury brand, this morning announces a trading update for the year
ended 27 March 2021 ("FY21").
In the Group's results for the 26 weeks to 26 September 2020,
the Board stated that revenue for FY21 was expected to be lower
than in the year ended 28 March 2020, but that losses would be
reduced.
As a result of continued strong growth in the Group's Asian
markets, strong sales on the Group's global digital platforms and
improved margins due to lower mark-down sales, the Board now
expects that the Group will outperform expectations and report a
small underlying profit before tax for FY21.
The Group's preliminary results for FY21 are expected to be
announced on 22 July 2021.
Enquiries:
Mulberry Group plc Tel: +44 (0) 20 7605
Charles Anderson (Group Finance Director) 6793
GCA Altium (Financial Adviser and Tel: +44 (0) 20 7484
NOMAD) 4040
Tim Richardson
Headland (Public Relations) Tel: +44 (0) 20 3805
4822
Lucy Legh / Jane Glover
Barclays (Broker) Tel: +44 (0) 20 3134
9801
Nicola Tennent
The person responsible for arranging the release of this
announcement on behalf of the Company is Charles Anderson, Group
Finance Director.
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END
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