Next delivers growth but budgets for profit drop next year

By Ellis Hawthorne2023-03-29T06:39:00

Next has delivered healthy growth in sales and pre-tax profits, but warned strong comparables in the first half would result in a decline in both metrics next year.

The fashion giant delivered a 5.7% boost in its pre-tax profits to £870m, a £10m increase on its previous guidance of £860m, for the year ending January 2022.

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