Burberry reports 26% first half profit increase
15/11/2011
UK luxury goods group Burberry has reported a 26% rise in first-half profit and has kept its full-year forecasts.
“We remain mindful of, and prepared to react to, any local or global uncertainties,” said the leathergoods firm, which responded rapidly to the 2008-9 economic downturn by cutting jobs and inventories.
The company said it made a profit before tax and one off items of £162 million in the six months ended September 30.
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