Boohoo raises full year outlook after strong H1 revenue and profit growth

Boohoo Group revenue for the first half-year increased by 45 percent or 44 percent CER to 816.5 million pounds (1,048.4 million dollar). The company said in a statement that adjusted EBITDA for the period was 89.8 million pounds (115.3 million dollars), an increase of 48 percent, while profit before tax was 68.1 million pounds (87.4 million dollars), an increase of 51 percent and adjusted diluted earnings per share were 4.53p, up 56 percent on the prior half-year. Basic earnings per share rose to 4.08p, an increase of 42 percent.