Sports Direct sales up profits down


Sports Direct sales up profits down

Sports Direct has posted group sales of £3.2 billion for the year to 30th April 2017, with UK sports retail revenue rising by 6.3 per cent and international sports retail revenue up by 38 per cent. However, underlying pre-tax profit for the period fell by 58.7 per cent which the retailer attributed to currency movements and increased depreciation charges. The business had also invested £317 million in property assets.

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