ANALYST VIEWS: WHAT DO YOU MAKE OF BURBERRY’S UPDATE?
MANOJ LADWA | ETX CAPITAL
Burberry reported a sparkling set of second quarter figures as demand for its goods continues to buck the general trend. Its decision to take control of its franchised stores in China could stand it in good stead going forward, as it seeks to capitalise in this area.
KATHARINE WYNNE | INVESTEC
Whilst the temptation must be to lock in some profit after the very strong run Burberry has enjoyed over the past quarter, we continue to find the global growth profile highly attractive.
CHRIS ALEXANDER | BNP PARIBAS
We saw a continuation of the strong retail like-for-like trend seen in the first quarter. The company continues to enjoy an attractive combination of earnings momentum, expansion in global growth markets and strong cash generation, and M&A speculation should provide a floor to the share price.