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Results For Half Year Ending July 2020. 📈 See below the headlines and full report. 📊Profit before tax of £9m, 📉Full price sales down -33% on last year, 💷Surplus cash generation (after capex, tax and interest) of £347m. Read the full report here: https://bit.ly/35LcWn6 Again, another huge thank you to all our people for their incredible efforts, commitment and togetherness during this time. We couldn’t continue to build on the strength of the Next brand, its infrastructure and all the exciting new opportunities that come with it without you.
Did you know our Next Furniture Manufacturing team is growing! Our team of skilled workers are dedicated to designing, developing and hand-crafting your favourite Next home pieces. We're looking for more people to join our team behind the scenes. Apply here to begin your career in Furniture Manufacturing today https://bit.ly/3gvjQOO
What's life been like for our people and children in the Next steps Nursery? You can find out by watching the video and hearing from our qualified nursery nurses and supervisors as they discuss their experiences during the pandemic and how they and the children have adapted to make it safe. Over the last few months, our teams in the business have worked hard to adapt our onsite Nursery in order to be able to reopen to support our parents in the business. We've introduced new process and safety features to ensure our Nursery remains a Covid safe environment for our kids and our teams. Hear from our Next Steps Nurses and Supervisors, Sarah, Gemma, Molly and Jess, as they tell us about their journey and why they are so proud of our kids in Nursery. ?? Don't forget to SUBSCRIBE: https://www.youtube.com/lifeatnext Follow us on LinkedIn https://www.linkedin.com/company/next...
July 2020 Trading Statement ? See how we?re performing as a business in a Covid world. Full report here: https://bit.ly/2X2avqU We?re very proud of everyone at Next and we want to say a huge thank you to all our people. They have shown great resilience and adaptation during this time. Over the last 13 weeks we?ve been able to gain greater clarity on our online capabilities during lockdown and the state of consumer demands. We are now more optimistic about the outlook for the full year than we were at the height of the pandemic. Here are the key points: ? Full price sales in the second quarter were down -28% against last year. This is much better than we expected and an improvement on the best-case scenario given in our April Trading Statement. ? Online Warehouse picking and despatch capacity is now back at normal levels and UK and Eire stores are now open and more robust. ? Full year profit before tax, based on our new central sales scenario, is now estimated at �195m . ? New central scenario year end net debt is forecast to reduce by c.�460m
Come see what the new world of Next IT is like during Covid-19 and how our people all over the country are adapting their work and life at Next. In this series we will take you behind the scenes, show you how our teams are evolving and their experience is on working remotely and in lockdown. Tune in every Saturday evening on our YouTube channel as we'll be bringing you a NEW episode of the IT Lockdown Chat. And don't forget to SUBSCRIBE why you are there! https://www.youtube.com/lifeatnext
Pride Month 2020, is going to very different from any other year because of the the global pandemic of Covid-19. But that's not going to stop Next celebrating with it's LGBT+ employees! We're still going to be celebrating and supporting the LGBT+ community throughout June 2020 in a safe and fun way. Next will not be able to physically celebrate Pride events in 2020 but will still want people to bring their whole selves to Next so they can build stronger relationships and grow! Pride at Next was launched back in 2019 and the purpose is to empower LGBT Plus individuals to collaborate and share experiences to ensure that they can be the very best they can and achieve their full potential in a positive and supportive working environment. For more information on how we support our LGBT+ communities and to gets support yourself, visit https:pride.go.next
Although we are experiencing times of uncertainty, we wanted to share our Full Year Results from January 2019 - January 2020 📊 We are very proud of what our people have achieved and how they are adapting in these challenging times. Headlines: NEXT Brand full price sales were up +4.0% ⬆️ Brand total sales were up +3.5% on last year ✅ Group profit before tax was up +0.8% 👍 Earnings Per Share (EPS) were up +5.6% on last year. ✍️ Group profit of £728.5m was just ahead of the guidance of £727m 📰 In the months ahead there will be many challenges to the way we work as the pandemic develops and we are putting plans in place to protect our employees, comply with differing levels of Government restrictions and cope with illness throughout the business. To see the full report, follow the link here - https://www.nextplc.co.uk/
Our January 2020 Trading statement has just been released! Here are the headlines... ⬆️Full price sales to 28 December up +5.2%, +1.1% ahead of our internal forecast. 👍Year to date, full price sales up +3.9% on last year 💷Full year profit guidance increased by £2m to £727m 📈Earnings Per Share (EPS) growth of +5.4%