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All product categories deliver underlying revenue growth at Burberry

19 May '09
3 min read

“Adjusted” refers to profitability measures (pre and post tax) calculated excluding:
- Restructuring costs of £54.9m (2008: nil) relating to the Group's cost efficiency programme.
- Impairment charges of £129.6m (2008: nil) relating to Spanish goodwill (£116.2m) and stores (£13.4m).
- Credit of £1.7m (2008: nil) representing negative goodwill on the formation of the Burberry Middle East joint venture.
- Impact of one-off tax credits of £32.6m (2008: nil).
- Net charge of £7.9m (2008: net profit of £15.1m) relating to the relocation of global headquarters.
- Atlas costs of nil (2008: £19.6m) relating to the Group's infrastructure redesign initiative.

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Burberry Group plc

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