BOOHOO GROUP PLC reports results for the six months ended 31 august 2025

2025-11-27 · Stocks · QuoteReporter

The stocks discussed are traded on the London Stock Exchange (LSE). On November 27, 2025, Boohoo Group Plc announced its financial results for the six months ended August 31, 2025, highlighting significant progress in its turnaround strategy and a return to profitability across all brands.

For the first half of the fiscal year 2026, the Group reported a revenue of £296.9 million, down 23% from £385.4 million in the same period last year. This decline is attributed to a 19% decrease in Gross Merchandise Value (GMV) pre-returns, which totaled £630.8 million compared to £778.2 million in H1 2025. Notably, the Debenhams brand showed resilience with a 20% increase in GMV, reaching £318.8 million, while the Youth Brands experienced a more significant decline of 41%, generating £258 million.

Despite the revenue drop, Boohoo reported a positive Adjusted EBITDA of £20.0 million, a 5% increase from £19.0 million in H1 2025, reflecting a growing EBITDA margin of 6.7%. The Group also achieved a positive Adjusted EBIT of £1.8 million, a remarkable turnaround from a loss of £9.2 million in the prior year. The statutory loss after tax for continuing operations was significantly reduced to £3.4 million, compared to a substantial loss of £126.7 million in H1 2025.

The Group’s strategic transformation has led to a notable reduction in inventory, which decreased by 35% to £67.9 million, and a 50% reduction in capital expenditure, now at £7.5 million. The shift towards a marketplace model has resulted in 32% of GMV being generated through this channel, up from 19% in the previous year, allowing for a leaner operational structure.

Boohoo’s net debt has also improved, decreasing by 22% to £111 million, and the Group anticipates further reductions in net debt to EBITDA ratios, targeting less than 2x by the end of the next financial year. The board expects full-year EBITDA to reach approximately £45 million, with double-digit growth projected for FY27.

Looking ahead, the Group remains optimistic, with guidance indicating continued improvements in profitability and cash generation. The leadership team is focused on executing a disciplined strategy that emphasizes operational efficiency and marketplace growth, particularly through the Debenhams brand, which is expected to achieve £1 billion in GMV and over £50 million in EBITDA within three years.

In summary, Boohoo Group Plc’s latest financial results reflect a significant turnaround, marked by improved profitability, reduced losses, and a strategic pivot towards a marketplace-driven business model. The Group’s ongoing transformation is expected to yield further positive outcomes in the upcoming fiscal periods.

Original Announcement

Title: Results for the six months ended 31 August 2025
Date: 2025-11-27
Source: London Stock Exchange