- Fast-fashion retailer Boohoo lifted its outlook on sales following better-than-expected performance in the first half of the year.

The company said it now anticipated that results for the current financial year would be ahead of previous guidance, with group sales growth now expected to be between 33% and 38%, up from a previous guidance of 25% to 30%.

The company expected earnings (EBITDA) margins for the financial year to remain at around 10%, in line with previous guidance, reflecting 'anticipated investments across the financial year into the three brands acquired by the group in the first half,' Boohoo said.

Further guidance would be given at the group's interim results on 25 Sept 2019.

At 8:09am: [LON:BOO] Plc share price was +24.95p at 268.25p

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