Joules Group upgrades guidance as first-half profit jumps
Source - SMW
Fashion retailer Joules Group upgraded its full-year earnings guidance after it posted a rise in first half profit.
Pre-tax profit rose by 23% to £8.3m, as revenue rose by 18% to £96.2m.
'The board now anticipates that full year profit will be slightly ahead of the range of analysts' expectations,' the company said.
Joules increased its interim dividend to 0.7p per share, up from 0.6p a year earlier.
At 3:03pm: (LON:JOUL) Joules Group Plc share price was +1p at 326p