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Burberry: half-year net profit drops by 27,5%

Some non-recurring items and the end of the agreement with Interparfums weigh on the drop in profits of the British group – Revenues and operating profit are on the rise.

Burberry: half-year net profit drops by 27,5%

Burberry has announced the results of the first half of its financial year, closed with a net profit down 27,5% to £85 million. Some non-recurring items and the end of the licensing agreement with Interparfums weigh on the performance of the British luxury group.

I Burberry's revenues, on the other hand, grew by 6% to £882,5 million. Operating profit was also good, at £173,4 million, thanks to a 7% increase

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