FY24/25 Total Revenue*
£2,461m
Licensing
IN A SNAPSHOT
Childrens & Other 4%
Americas
Wholesale
13%
3%
Revenue by channel
84%
Retail
Mens
31%
Revenue by product**
Accessories 35%
44%
Revenue by region**
21%
30%
Womens
Asia Pacific
35%
EMEIA
*Financial information is presented at reported exchange rates
**Retail/Wholesale Revenue.
EXTENSIVE LUXURY DISTRIBUTION FOOTPRINT
215
422
DOS*
83
70
17
Full Price Outlet EMEIA
100
22
15
Outlet
Full Price
Outlet
Full Price
AMERICAS 85
368
ASIA PACIFIC 237
54
Full Price Outlet
TOTAL 422
Note: Full Price stores consist of 229 Mainline and 139 Concession stores as of 29th March 2025.
*Directly operated stores. Footprint also has 33 franchise stores: 10 Asia Pacific and 23 EMEIA as of 29th March 2025.
BURBERRY FORWARD
"We have the most opportunity where we have the most authenticity"
In November 2024, we announced 'Burberry Forward', our strategic plan to reignite brand desire, improve performance, and drive long-term value creation.
In this next phase, our focus is on reconnecting our brand with its founding principle, which is to design clothing to protect people from the weather. We are leaning into our heritage and leveraging our strengths with a disciplined approach, as we believe we have the greatest opportunity where we have the most authenticity. We are evolving our product offer to appeal to a broad base of luxury customers.
3
DISTRIBUTION: ALIGN DISTRIBUTION WITH PRODUCT & CUSTOMER STRATEGY
2 PRODUCT: LEAD WITH OUTERWEAR
1
BRAND: TIMELESS BRITISH LUXURY
4
PEOPLE: REIGNITE A HIGH-PERFORMANCE CULTURE
PLACING OUR CUSTOMERS AT THE CENTRE OF
EVERYTHING WE DO
Our refreshed strategy outlines a clear path forward, placing the customer at the centre of everything we do and focusing on four pillars to drive our transformation.
PRODUCT
Responsible craftsmanship
PLANET
Become net zero and protect nature
PEOPLE
Diversity, Equity and Inclusion and people in our supply chain
COMMUNITIES
Positively impact young people
ESG
We will maintain our steadfast commitment to acting responsibly.
Our strategy, Burberry Beyond, sets out our ambition across four priority areas: Product, Planet, People, and Communities. We report non-financial KPIs that help measure progress against our targets in our Annual
Report FY 2023/24, foundhere.
For more information, visit our ESG page here.
RECOGNITION
We have maintained
our AAA rating for the sixth consecutive year
We rank first out of 192 companies in the textiles and apparel sector and are rated as Negligible Risk.
We received a disclosure score of 96%, ahead of the sector average of 65%
We ranked in the leadership band
(A-) score in the 2024 CDP Climate Change Survey
We are included in the FTSE4Good Index, with a rating of 4.3 out of 5, significantly above the industry average
OUR CAPITAL ALLOCATION FRAMEWORK
Our strategy and targets are governed by our capital allocation framework, which we use to prioritise the use of cash. This framework addresses the investment needs of the business, regular dividend payments and additional returns to shareholders. The framework also seeks to maintain an appropriate capital structure for the business and a strong balance sheet with a solid investment grade credit rating.
OUR CAPITAL ALLOCATION FRAMEWORK
1
2
4
REINVEST FOR ORGANIC GROWTH
PROGRESSIVE DIVIDEND POLICY
RETURN EXCESS CASH TO SHAREHOLDERS
Maintain a strong balance sheet with a solid investment grade credit rating
3
INORGANIC STRATEGIC INVESTMENT
For further details of our debt and credit rating please click here.
For details of each priority of the framework, please see page 29 of the FY24 Annual Report and Accounts.
Refer to our Q1 Trading Update released on 15 July 2024 herefor detail on our FY25 outlook which covers dividend. We have decided to suspend dividend payments in respect of FY25 in order to maintain a strong balance sheet and our capacity to invest in Burberry's long term.
FOREIGN EXCHANGE
Exchange rates | Spot rates FY26 | Actual effective exchange rates |
£1= | 2 May 2025 | FY25 |
Euro | 1.17 | 1.19 |
US Dollar | 1.33 | 1.28 |
Chinese Renminbi | 9.65 | 9.21 |
Hong Kong Dollar | 10.28 | 9.98 |
Korean Won | 1,861 | 1,781 |
Japanese Yen | 192 | 194 |
SIMPLIFIED VIEW OF BURBERRY'S FX EXPOSURES IN FY25
~35%
~15%
8%
23%
19%
21%
4%
6%
~70%
~65%
~15%
19%
REVENUE
COGS
OPEX
*Other opex includes CNY, USD, EUR , HKD, KRW, JPY.
In FY25, a + /-5% move in GBP would have resulted in around a -/+£30m impact on adjusted operating profit.
CEO and CFO
JOSHUA SCHULMAN, CEOJoshua joined Burberry in July 2024. Joshua is an accomplished Chief Executive Officer, having held Chief Executive and other senior executive roles at global luxury, fashion, and retail businesses. Having worked in the retail industry for over 30 years, Joshua has extensive experience across merchandising, wholesale and brand management in the US, Europe and Asia and has a strong track record of delivering brand transformations and driving growth globally. As Chief Executive Officer of Jimmy Choo in London, he led a multi-channel expansion, increasing the company's global footprint and sales. As President of Bergdorf Goodman, he re-energised the retailer by renovating the iconic New York luxury department store and driving digital growth. Joshua shares the Board's ambition to build on Burberry's unique British heritage to deliver growth and to unlock the brand's full potential.
KATE FERRY, CFO
Kate joined Burberry in July 2023. Kate is a highly experienced Chief Financial Officer having held roles in both public and private companies. In addition to her financial acumen, Kate has extensive experience driving business transformation and strategic development and a deep understanding of public markets. She has particular expertise in the retail sector, as well as an excellent understanding of the luxury industry. In her early career, Kate was involved in numerous IPOs including that of Burberry in 2002. Kate is a Chartered Accountant.
Lauren Wu Leng
VP, Head of Investor Relations lauren.wuleng@burberry.com
CONTACT
Matt Coupland
Director, Investor Relations matthew.coupland@burberry.com
Rhian Powell
Investor Relations Analyst rhian.powell@burberry.com
www.burberryplc.com investor.relations@burberry.com+44 (0)20 3367 3524
Certain statements made in this presentation are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future results in forward-looking statements. Burberry Group plc undertakes no obligation to update these forward-looking statements and will not publicly release any revisions it may make to these forward-looking statements that may result from events or circumstances arising after the date of this document. Nothing in this presentation should be construed as a profit forecast. All persons, wherever located, should consult any additional disclosures that Burberry Group plc may make in any regulatory announcements or documents which it publishes. All persons, wherever located, should take note of these disclosures. This presentation does not constitute an invitation to underwrite, subscribe for or otherwise acquire or dispose of any Burberry Group plc shares, in the UK, or in the US, or under the US Securities Act 1933 or in any other jurisdiction.
Burberry is listed on the London Stock Exchange (BRBY.L) and is a constituent of the FTSE 250 index. ADR symbol OTC:BURBY.
BURBERRY, the Equestrian Knight Device, the Burberry Check and the Thomas Burberry Monogram and Print are trademarks belonging to Burberry which are registered and enforced worldwide.
All metrics and commentary in this presentation are at reported FX and exclude adjusting items unless stated otherwise.
Details of Burberry Alternative Performance Measures are set out on page 27-28 of the FY24 Annual Report and Accounts.
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Burberry Group plc published this content on May 14, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2025 at 06:09 UTC.