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Burberry Net Profit Surges 41%, Lifts Interim Dividend

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Burberry PLC (OTC: BURBY) reported a 41% surge in its first-half net profit.

Burberry's profit before tax and exceptional items rose 26% to GBP162 million, versus analysts' estimates of GBP160.3 million.

Burberry's net profit climbed to GBP117.2 million from GBP83.1 million.

Burberry also lifted its interim dividend 40% to 7 pence per share.

Burberry's shares closed at $46.15 yesterday.

 

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