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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Next    NXT   GB0032089863

NEXT (NXT)
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Next : CEO 'a lot more confident' about prospects than a year ago

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01/03/2018 | 12:45pm CET

British clothing retailer Next is much more optimistic about its prospects than it was in January last year when it issued a profit warning, its boss said on Wednesday.

"We're a lot more confident than we were at this point last year, which is why we are returning to the (share) buyback," Chief Executive Simon Wolfson told Reuters.

Earlier, Next upgraded its full-year profit forecast for the 2017-18 year after it beat guidance for sales in the run-up to Christmas.

It also said it planned to return a further 300 million pounds ($407.9 million) to shareholders in its 2018-19 year by way of share buybacks, subject to market conditions.

Next shares were up 8.5 percent at 0813 GMT.

(Reporting by James Davey; editing by Kate Holton)

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Financials ( GBP)
Sales 2018 4 113 M
EBIT 2018 758 M
Net income 2018 587 M
Debt 2018 856 M
Yield 2018 5,83%
P/E ratio 2018 12,25
P/E ratio 2019 12,45
EV / Sales 2018 1,97x
EV / Sales 2019 1,95x
Capitalization 7 251 M
Chart NEXT
Duration : Period :
Next Technical Analysis Chart | NXT | GB0032089863 | 4-Traders
Technical analysis trends NEXT
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 45,2  GBP
Spread / Average Target -9,1%
EPS Revisions
Managers
NameTitle
Simon Adam Wolfson Chief Executive Officer
Michael James Roney Chairman
Michael Law Executive Director & Group Director-Operations
Amanda James Executive Director & Group Director-Finance
Francis William Salway Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
NEXT10.54%10 082
SM INVESTMENTS CORPORATION--.--%24 889
TRACTOR SUPPLY COMPANY5.93%9 942
DUFRY-0.03%8 180
MARKS & SPENCER GROUP-2.35%6 942
MICHAELS COMPANIES INC0.99%4 495