Financial information
Results for the year ended January 2010
The year to January 2010 was an exceptional year for Next, with growth in earnings per share of 21% to a new record for the Group of 188.5p. We have increased revenues, contained costs, improved our products and continued to invest in our business. Financial highlights are as follows:
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Group revenues increased to £3,406m
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Group profit before tax up 18% to £505m
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Earnings per share up 21% to 188.5p
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Total dividend increased 20% to 66p, covered 2.8 times
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Cash inflow of £331m, before share buybacks
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Net debt reduced to £400m, committed debt facilities of £800m
