Brief: Softline Holding PLC Posts Q2 2022 Turnover Of $320.4 Mln, Up 35%

Noventiq Holdings

29/11/2022 07:19

Nov 29 (Reuters) - Softline Holding Plc  SFTLq.L :
    * SOFTLINE HOLDING PLC Q2 GROSS PROFIT ROSE 66 PERCENT TO
49.9
MILLION USD
    * SOFTLINE HOLDING PLC - Q2 2022 TURNOVER WAS $320.4M, AN
INCREASE
OF 35% IN USD
    * SOFTLINE HOLDING PLC - Q2 2022 GROSS PROFIT WAS $49.9M, AN
INCREASE OF 66% IN USD
    * SOFTLINE HOLDING PLC - NOVENTIQ EXPECTS TO DELIVER
TURNOVER
GROWTH OF AT LEAST 28% IN REPORTED CURRENCY IN FY22
    * SOFTLINE HOLDING PLC - EXPECTS FY22 GROSS PROFIT MARGIN IN
RANGE
OF 13 TO 14%, AND IS TARGETING UPPER END OF RANGE.
    * SOFTLINE HOLDING PLC - NOVENTIQ EXPECTS TO DELIVER
ADJUSTED
EBITDA MARGIN ON GROSS PROFIT OF CLOSE TO DOUBLE DIGITS IN FY22

Source text for Eikon:  ID:nRSc9039Ha 
Further company coverage:  SFTLq.L 
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