Analyst Research Report Snapshot

Title:

NEXT - THE NEXT STEPS AHEAD

Price:

$10.00

Provider:

Edison Investment Research

Date:

14 May 2014

Pages:

2

Type:

AcrobatPDF

Companies referenced:

NXT.L

Available for Immediate Download
Summary:

In the year to January 2014, Next achieved 5.4% sales growth, translating to 11.8% growth in underlying PBT and 23% underlying EPS growth. It also returned £461m to shareholders through a combination of share buybacks and dividends. In its Q1 trading update in April, Next reported revenue growth in its store-based portfolio, Next Retail (+8.8%), and Next Directory (+13.7%), underpinning the importance of its store base and emphasising how the two businesses are complementary and support each other. The company plans to add another 15.7% retail space over the next three years and in the year to January 2015 invest a further £43m in new systems, warehousing, HQ costs and refurbishments to support its growth plans.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.