Sees positive free cash flow in FY25 (Il Sole 24 Ore Radiocor) - London, 08 May - For fiscal 2025, Boohoo is targeting GMV growth, as well as continued improvements in adjusted EBITDA margin.

It added that it remains on track to deliver annualised cost savings of 125 million pounds across cost of goods, supply chain and overheads in the full year.

"Significant capital expenditure reduction" is expected in the full year with its investment cycle now complete and Boohoo expects to generate positive free cash flow in the full year.

The company said that it remains confident in its 6-8% medium term EBITDA margin target.

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(RADIOCOR) 08-05-24 09:00:21 (0195) 5 NNNN