Superdry post super sales

Investing

Superdry post super sales

Shares in the owner of Superdry – Supergroup PLC (SGP) a FTSE 250 company, have moved up again as it reported results on Monday 3rd July 2017. Full year pre-tax profits are up to £84.8 million, a 53% increase – with sales up at £752 million. I like this company and have bought its shares a number of times over the years (I don’t own their shares at the moment – but with these results I will be looking at them again).

I remember the share price in 2012 at a low of around £2.65 and now five years later (currently) at £15.00 plus and now with its reported plans to open standalone sports stores and more ‘shops-in-shops’, franchise outlets and beef up its online presence – what’s not to like. Well done Supergroup – super job!

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