Sports Direct International Plc fiscal first half revenue increased 10.0% to £756.9 million ($1.24 bn) from £687.8 million ($1.12 bn) in the prior year. Operating profit advanced to £31.4 million ($51.3 mm) from £20.5 million ($33.5 mm).

 

Lower pre-tax profit for the first half of the year ended Oct. 25, were caused by lower gross margins and finance income compared to last year, despite a more than 10% increase in revenues.
The U.K. sporting goods chain anticipates full-year underlying EBITDA of at least £155 million pounds ($252 million).