RNS Number : 4547G
SuperGroup PLC
06 June 2013
 



 

SuperGroup plc

 

Change in segmental reporting

 

This announcement replaces announcement 4117G released at 07.00 on 6 June 2013 and contains amended Group Underlying Operating Profit tables.

 

Changes have been made to the restated divisional split of Operating Profit and margin. 

 

6 June 2013

 

 

As previously communicated, SuperGroup plc ("SuperGroup" or the "Company") will be changing the methodology of its segmental reporting for future financial announcements.

 

The board believes that the revised segmental reporting will provide a clearer understanding of the divisional performance of the Company and reflects the changes to the internal reporting of the divisions. Primarily, these changes apply to the treatment of overseas retail sales, trade sales and the bases of cost allocations.

 

Attached to this announcement is unaudited historical financial information for the 52 weeks ended 28 April 2013 and the 52 weeks ended 29 April 2012, restated on the new basis.

 

There will be a presentation to analysts this morning and the slide pack will be made available in the Investor section of the Company's website.  The Company will not be making any further disclosure ahead of its preliminary results announcement on 11 July 2013.

 

6 June 2013

 

For further information:

 

 

SuperGroup



Shaun Wills

Chief Financial Officer

44 (0) 1242 586 456

Tony Newbould

Investor Relations Officer

44 (0) 1242 586 464




College Hill


44 (0) 20 7457 2020

Matthew Smallwood



Mark Reed



Justine Warren



 

 



 

GROUP REVENUE

FY13 Restated









Q1

Q2

H1

Q3

Q4

H2

FY13


£m

£m

£m

£m

£m

£m

£m

Revenue:








  Retail

45.3

52.9

98.2

96.1

48.2

144.3

242.5

    Growth (%)

21.4%

22.5%

22.0%

17.5%

15.6%

16.8%

18.9%

    LFL (%)

1.1%

4.5%

3.1%

9.4%

3.6%

7.4%

5.7%

  Wholesale

14.5

45.5

60.0

19.0

38.9

57.9

117.9

    Growth (%)

-14.7%

17.9%

7.9%

-8.2%

16.1%

6.8%

7.4%

  Group Revenue

59.8

98.4

158.2

115.1

87.1

202.2

360.4

   Growth (%)

10.1%

20.3%

16.2%

12.3%

15.8%

13.8%

14.9%

 

FY13 Reported









Q1

Q2

H1

Q3

Q4

H2

FY13


£m

£m

£m

£m

£m

£m

£m

Revenue:








  Retail

40.2

52.2

92.4

89.8

43.8

133.6

226.0

    Growth (%)

19.6%

32.2%

26.4%

14.4%

11.2%

13.3%

18.3%

    LFL (%)

1.7%

5.8%

3.9%

10.6%

5.0%

8.7%

6.9%

  Wholesale

19.6

46.2

65.8

25.3

43.3

68.6

134.4

    Growth (%)

-5.3%

9.2%

4.4%

5.4%

20.9%

14.7%

9.4%

  Group Revenue

59.8

98.4

158.2

115.1

87.1

202.2

360.4

    Growth (%)

10.1%

20.3%

16.2%

12.3%

15.8%

13.8%

14.9%

 

 

FY12 Restated









Q1

Q2

H1

Q3

Q4

H2

FY12


£m

£m

£m

£m

£m

£m

£m

Revenue:








  Retail

37.3

43.2

80.5

81.8

41.7

123.5

204.0

    LFL (%)

9.5

-3.7%


5.0%

0.5%


2.8%

  Wholesale

17

38.6

55.6

20.7

33 .5

54.2

109.8

  Group Revenue

54.3

81.8

136.1

102.5

75.2

177.7

313.8

 

FY12 Reported









Q1

Q2

H1

Q3

Q4

H2

FY12


£m

£m

£m

£m

£m

£m

£m

Revenue:








  Retail

33.6

39.5

73.1

78.5

39.4

117.9

191.0

    LFL (%)

14.4%

-3.3%


4.4%

0.0%


2.0%

  Wholesale

20.7

42.3

63.0

24.0

35.8

59.8

122.8

  Group Revenue

54.3

81.8

136.1

102.5

75.2

177.7

313.8

 

GROUP UNDERLYING OPERATING PROFIT

 

 FY12

Restated

Reported


Group

Overhead

Retail

Wholesale

Group

Overhead

Retail

Wholesale


£m

£m

£m

£m

£m

£m

£m

£m










External revenues

313.8


204.0

109.8

313.8


191.0

122.8










Operating profit1

69.4


38.0

31.4

57.0


31.7

25.3










Group overheads

(26.7)

(26.7)



(14.3)

(14.3)












Group operating profit1

42.7

(26.7)

38.0

31.4

42.7

(14.3)

31.7

25.3


13.6%


18.6%

28.6%

13.6%


16.6%

20.6%










 FY12 H1

Restated

Reported


Group

Overhead

Retail

Wholesale

Group

Overhead

Retail

Wholesale


£m

£m

£m

£m

£m

£m

£m

£m










External revenues

136.1


80.4

55.7

136.1


73.1

63.0










Operating profit1

25.6


10.2

15.4

19.7


7.1

12.6










Group overheads

(12.6)

(12.6)



(6.7)

(6.7)












Group operating profit1

13.0

(12.6)

10.2

15.4

13.0

(6.7)

7.1

12.6


9.6%


12.7%

27.6%

9.6%


9.7%

20.0%

 

 

FY13 H1

Revised

Reported


Group

Overhead

Retail

Wholesale

Group

Overhead

Retail

Wholesale


£m

£m

£m

£m

£m

£m

£m

£m










External revenues

158.2


98.2

60.0

158.2


92.4

65.8










Operating profit1

28.7


11.3

17.4

22.2


7.1

15.1










Group overheads

(14.1)

(14.1)



(7.6)

(7.6)












Group operating profit1

14.6

(14.1)

11.3

17.4

14.6

(7.6)

7.1

15.1


9.2%


11.5%

29.0%

9.2%


7.7%

22.9%

 


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