JD Sports expects profits to rise beyond market expectations

JD Sports Fashion, sighting continuation of strong trading period has said that it expects profit before tax and exceptional items for the current financial year to exceed current consensus market expectations of 125 million pounds (189.1 million dollars) by 10 million pounds (15.1 million dollars)

In the announcement of the Group’s interim results on September 16, 2015, it had said that there had been an exceptional performance for the 26 week period to August 1, 2015, with like for like sales growth in the period across all Group fascias, including those in Europe, in excess of 10 percent.

The Group will issue its post-Christmas trading update on January 14, 2016.