Pentland Group announces full-year results

03/07/2018
Pentland Group has announced its full-year results for 2017.

Its total group revenue increased by 25% to reach £3.6 billion, driven by what it called “a record performance” from sports retail group JD Sports, in which Pentland is a majority shareholder. Group operating profit grew by 14% to reach £376 million.

Chairman, Stephen Rubin, said on announcing the results: “I am delighted that Pentland Group’s 85th set of annual results, once again, demonstrate our commitment to nurturing our brands and evolving our business to ensure that we continue to meet the changing needs of our retail customers, brand partners and consumers. We are very grateful to all our people for their passion and dedication to ensuring that we build our business, doing business the right way.”