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Burberry takes steps to secure future growth after sales and profit decline

18/05/2016

Luxury group Burberry has released preliminary details of its results for the year ending March 31, 2016. Revenues for the 12-month period were £2.5 billion, on which it achieved profit before tax of £421 million. These figures represent year-on-year falls of 1% and 8.3% respectively. It mentioned declines in sales in Hong Kong and Macau as a...

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