// Dr Martens revenue rises after recovering from lockdowns
// The company said its regional performance was as expected
Dr Martens half-year sales and profits rise after recovering from Covid-19 lockdowns.
The footwear retailer saw revenue increase by 16 per cent to £369.9 million while per-tax profit rose 46 per cent to £61.3 million in the six months to September 30.
Retail revenue increased by 92 per cent during the period.
READ MORE: Dr Martens posts 31% quarterly sales uptick on pre-pandemic levels
The company said its regional performance was as expected, with 57 per cent growth in constant currency in the Americas and respective uplifts of 12 per cent in EMEA and four per cent in the Asia Pacific region.
Dr Martens said it entered the year with higher inventory levels than usual, which meant that its direct to consumer availability levels have remained relatively high despite ongoing supply chain issues across the globe.
“Our strong first half performance combined with the continued momentum in DTC trading into the second half gives us confidence in achieving market expectations for the full year,” Dr Martens chief executive Kenny Wilson said.
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