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    Next first-half profits up 13.8% but cautious on growth outlook

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    By Irishexaminer.com,James Davey

    Copyright irishexaminer

    Next first-half profits up 13.8% but cautious on growth outlook

    Next has around 460 stores in the UK and Ireland and an online presence in over 70 countries selling the Next brand and more than 700 other brands.

    Next said it still expects second half full price sales growth to slow to 4.5%, versus growth of 10.5% in its second quarter when it benefited from a cyberattack at rival Marks & Spencer MKS.L.

    Next maintained its forecast for full year pretax profit of £1.105 (€1.27bn), up from £1.011bn (€1.17bn) in 2024/25.

    Pretax profit was £515m (€493m) in its first half to end July.

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