Boohoo net revenues soar 62 percent in 2013

REPORT_ Providing trading update for the year ended February 28, 2014,

boohoo.com has confirmed that it finished the year in line with market expectations with unaudited net revenues in excess of 109 million pounds (181.3 million dollars), showcasing a year on year increase of 62 percent. Statutory adjusted EBITDA for the period is expected to be over 200 percent compared to the previous year.

Company has attributed the strong growth owing to rapidly expanding customer base both in the UK and overseas. The company will announce its audited results for the year on June 12, 2014.