31.9% growth in revenue

despite operational challenges

International expansion

48 franchised and licensed stores opened this year

Management team strengthened

by key, high calibre appointments

We are taking the steps required to build the operational capability that will enable the Group to realise the full potential of our brand

Progress has been made within each strategic area, contributing to the Group's continuing sales growth

Julian Dunkerton Chief Executive Officer

SuperGroup strives to operate in a responsible manner and to be a sustainable business

At a Glance

Superdry targets the young fashion market with affordable, premium quality clothing and accessories for both men and women in the 15 to 25 age bracket, although the brand has become increasingly appealing to a much broader group.

Financial Review

A number of adjusting items have been identified in establishing the underlying performance of the Group as they were either non-recurring items or accounting adjustments for derivatives and deferred consideration.

Risk

In accordance with the UK Corporate Governance Code (the "Code"), the board understands the need for a robust system of internal control and risk management.

Highlights

Group consolidated revenue

£m

£313.8m

Underlying1 Group PBT

£m

£42.8m

Underlying1 Group operating

margin %

13.6%

Closing net cash

£m

£30.9m

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