Dr Martens profits surge as it upgrades sales guidance

Dr Martens

Dr Martens has posted a surge in profitability and upgraded sales guidance for its new financial year as its direct-to-consumer strategy drives performance.

The iconic footwear brand said pre-tax profit more than trebled to £214.3m during the year to March 31. Adjusted for exceptional items, pre-tax profit surged 43%. 

Group sales jumped 22% year-on-year in constant currencies to £908.3m.

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