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SuperGroup rushes results release following ‘theft’

Superdry owner SuperGroup has announced soaring sales and profits for the year to 29 April 2017, after bringing forward the release of its next set of financial results, because of what it called a “random theft from an employee”.

Reported revenue was up 27.4% to £752m for the 52 weeks to 29 April 2017, and like-for-like sales grew 12.7%. Underlying profit before income tax was up 18.4% to £87m, up from £73m in 2016.

The full figures will be released on Monday 3 July. The release was brought forward after the company became aware that an external party may have already seen a draft version of the preliminary results following a random theft from an employee.

SuperGroup had previously reported preliminary full year results in May, which indicated revenue was up 27.2% to £750.6m.

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