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Interim Results

Ted Baker hikes H1 pretax profit

11 October 2016 07:21

Ted Baker has hiked its H1 pretax profit to £21.5m, from £17.8m, with revenue rising to £259.5m, from £226.8m.

Interim dividend was 14.8p a share, from 13.2p. "Ted Baker continues to perform well across all distribution channels despite challenging trading conditions across our markets," said CEO Ray Kelvin.

"Our continued growth and development reflects the strength of the Ted Baker brand, our business model and the skill, innovation and passion of our global teams," he said in a statement.

"We remain firmly focused on the long-term development of the Ted Baker brand and are continuing to invest in our infrastructure and people to support the future growth of our business in both new and existing markets."

Story provided by StockMarketWire.com

Related Company: TED

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