Wellnex Life Reports 69% Surge in Q3 Cash Receipts
Wellnex Life Reports 69% Surge in Q3 Cash Receipts

Wellnex Life Reports 69% Surge in Q3 Cash Receipts

News summary

JD Sports Fashion Plc reported a 5.8% organic revenue growth for FY25, with profit before tax expected to align with previous guidance of £915-935m. The fourth quarter saw a modest like-for-like revenue growth of 0.3%, attributed to strong performances in Europe and North America. Despite challenges in the market, the retailer's acquisitions of Hibbett and Courir have met expectations, contributing to an increase in store numbers to 4,850. Looking ahead to FY26, JD Sports anticipates volatility in trading conditions but remains optimistic about maintaining profit levels. The company has also updated its medium-term plans in light of recent performance. Net cash before lease liabilities was reported at year-end, indicating a solid financial position.

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