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Next Reports Profit Surge Amidst Market Challenges

9/19/2025

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Summary

Story summary

Next reported a 13.8% increase in half-year profits to £515 million, with sales rising over 10% to £3.25 billion.
The retailer anticipates "anaemic" growth due to declining job opportunities, high taxes, and regulatory pressures.
Shares dropped 6% to £115.45, the lowest since April.
Next will distribute £99 million to shareholders through an 87p dividend per share.
CEO Simon Wolfson criticized government policies affecting the business environment.

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Story summary

Next reported a 13.8% increase in half-year profits to £515 million, with sales rising over 10% to £3.25 billion.
The retailer anticipates "anaemic" growth due to declining job opportunities, high taxes, and regulatory pressures.
Shares dropped 6% to £115.45, the lowest since April.
Next will distribute £99 million to shareholders through an 87p dividend per share.
CEO Simon Wolfson criticized government policies affecting the business environment.