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Koovs Continues To Rocket

Koovs plc KOOV continues to see sales rocket with a rise of 87% in the year to 31st March. Registered users were up by 80% and units shipped and repeat customers rose by 100%, as it pursues its main strategy of significant growth and outperforming e commerce sector growth in India by fivefold. India is now the fastest growing economy in the world.

Keywords Studios KWS enjoyed a year of strong growth in 2016, both organically and from acquisitions and is increasing its final dividend by 10%. Group revenue for the year to 31st December rose by 67%, adjusted basic earnings per share was up by 61% and adjusted profit before tax by 86%. Further good progress is expected in 2017.

ASOS ASC claims a strong set of results for the half year to 28th February but by comparison with Koovs it is positively pedestrian. It also illustrates the continuing decline in the importance of the UK market where sales grew by “only” 18% compared to international sales which rose by 54%. Group revenue rose by 37%, or 31% on a constant currency basis  and profit before tax was up by only 15%, Meanwhile the group pursues its ultimate goal of becoming the worlds no.1 for “fashion loving 20 somthings”.

Wizz Air Holdings WIZZ the largest budget arline in Eastern and Central Europe saw passenger numbers rise by 19% in March whilst load factor rose by 4.1 PPTS to 90%.

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