ANALYST VIEWS | HOW ARE BURBERRY’S PROSPECTS FOLLOWING THESE RESULTS?
RICHARD HUNTER HARGREAVES LANSDOWNE
A 24 per cent rise in pre-tax profits defies some of the economic gloom, whilst the company’s exposure to some strong local markets continues to propel prospects…Whether this momentum can be maintained is of some concern to investors, while the situation in Europe is undoubtedly a drag on growth.
FREDDIE GEORGE SEYMOUR PIERCE
Burberry has excellent strategic growth opportunities in a luxury market with strong long term growth credentials. There are significant geographical and product mix opportunities plus operational leverage still to come from infrastructure investment over recent years.
SAM HART CHARLES STANLEY
Burberry reported another strong set of results, in line with expectations. The very creditable outcome reflected continued buoyancy in the global luxury market, the addition of new space, extension of the Burberry franchise into new product areas and further improvements in operational efficiency.