REG - Dr. Martens PLC - AGM Trading Update

Dr MartensAnnouncement

11/07/2024 07:00

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RNS Number : 9383V  Dr. Martens PLC  11 July 2024

11 July 2024

Dr. Martens plc - AGM Trading Update

 

Today, Dr. Martens plc will hold its annual general meeting at 09.30 at the
Holiday Inn London, Camden Lock, 30 Jamestown Road, London.

Trading since the start of this financial year has been in line with
expectations and our guidance for FY25 remains unchanged. As always, Q1 is the
smallest period of our financial year, representing the end of the
Spring/Summer season. As communicated in our recent FY24 results, the current
financial year will be very second-half weighted, particularly from a profit
perspective.

The upcoming Autumn/Winter 24 season remains a key focus and detailed trading
plans, as discussed in our recent FY24 results, are being implemented. We
continue to target positive DTC growth in the USA in H2. Work on our cost
action plan is ongoing and we will provide a detailed update at our first half
results in November.

 

 

Enquiries

 

Investors and analysts
 

Bethany Barnes, Director of Investor Relations
                                          +44 7825 187465

 
bethany.barnes@drmartens.com

Beth Callum, Investor Relations Manager
 
beth.callum@drmartens.com

 

Press
 

Gill Hammond, Director of
Communications
+44 7384 214248

 

H/Advisors Maitland
 
               +44 20 7379 5151

Katharine Spence
 
                   +44 7384 535739

 

 

About Dr. Martens

Dr. Martens is an iconic British brand founded in 1960 in Northamptonshire.
Originally produced for workers looking for tough, durable boots, the brand
was quickly adopted by diverse youth subcultures and associated musical
movements. Dr. Martens has since transcended its working-class roots while
still celebrating its proud heritage and, six decades later, "Docs" or "DMs"
are worn by people around the world who use them as a symbol of empowerment
and their own individual attitude.

 

The Company listed successfully on the main market of the London Stock
Exchange on 29 January 2021 (DOCS.L) and is a constituent of the FTSE 250
index.

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