JD Sports shares leap as profits beat expectations /

Published at 2015-07-31 11:23:54

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Shares in the sportswear group jumped 8% to a unique peak of 810pShares in JD Sports Fashion hit an all-time peak after the company said profits would beat forecasts after an unexpected sales surge.
Despite taking a hit from the weakness of the euro,JD said it expect ed profits for the year to defeat expectations by 10%. This would take them to around £121m, an increase of more than 20% on the previous year.
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Source: theguardian.com

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