Burberry CFO sees no change to profit forecasts

Tue Jul 15, 2008 8:15am BST
 
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LONDON (Reuters) - Burberry (BRBY.L) Chief Financial Officer Stacey Cartwright said on Tuesday she was not expecting analysts to change their profit forecasts following the fashion label's first-quarter trading update.

"We know where consensus is and we're not looking for anyone to change," she told reporters on a conference call.

Analysts' median forecast for the year ending March 2009 is for profit before tax and one-off items of 215 million pounds, according to Reuters Estimates.

Cartwright also said the group was still considering buying back shares, but this was more likely to be weighted towards the second half of the financial year.

(Reporting by Mark Potter; editing by Sue Thomas)

 

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