Revenue distribution by sectors:

• Clothing: approx. 70%
• Household goods: approx. 20%
• Other (including services): approx. 10%

TOP 3 markets and their percentage shares of total revenue:

• United Kingdom: approx. 80%
• Europe: approx. 10%
• Asia: approx. 5%

NEXT plc generates the majority of its revenue from the clothing sector, with the British market accounting for the largest share of total revenue. Presence in Europe and Asia is also significant, but considerably smaller than in the domestic market. Diversification into household goods and services also contributes to revenue, but to a lesser extent.

Production Sites: Mainly in Asia, especially China, Bangladesh, India, and Turkey.

NEXT plc sources the majority of its products from Asian countries, where it has numerous production facilities and suppliers. These regions offer cost-effective production opportunities that enable the company to offer competitive prices.

In addition, NEXT collaborates with a variety of suppliers to manufacture a wide range of products that meet the demands of their customers. Diversifying production sites helps the company minimize risks in the supply chain and respond flexibly to market changes.

Revenue Growth: Estimated at 5-7% annually (2025 forecast)
Online Sales Share: Over 60% of total revenue (2024)

NEXT plc pursues a strategy that is heavily focused on digitization and expanding online commerce. The company continuously invests in its e-commerce platform to enhance user experience and increase supply chain efficiency.

Another key focus is on international expansion, particularly in markets where the company is currently underrepresented. This includes expanding physical presence as well as tapping into new online markets.

In addition, NEXT is diversifying its product offering through partnerships and exclusive collections to reach new customer segments and strengthen customer loyalty. Sustainability and environmentally friendly practices are also integral parts of the growth strategy to meet the increasing expectations of consumers.

Main raw materials: Cotton, Polyester, Leather
Main importing countries: China, Bangladesh, India, Turkey

NEXT plc imports a variety of raw materials and materials needed for the production of their clothing and accessories. Cotton is one of the most important raw materials and is mainly sourced from India and Bangladesh. Polyester, another essential component, is often imported from China, as the country is one of the largest producers of synthetic fibers.

Leather, used for shoes and accessories, is often imported from Turkey, which is known for its high-quality leather production. These countries not only provide the necessary materials but also cost-effective production opportunities that are strategically important for NEXT plc.

Market share in the British retail sector: 8% (estimated 2025)
Online sales share of total revenue: 60% (2024)
Return on equity: 30% (2024)

NEXT plc has gained a significant competitive advantage in the British retail sector, particularly through its strong online presence. With an estimated market share of 8% in the British retail sector, the company demonstrates a solid market position.

The online sales share of 60% of total revenue highlights the successful digitization and adaptation to the e-commerce trend. This strategy has enabled NEXT to grow even in a highly competitive environment.

Furthermore, the high return on equity of 30% indicates that the company operates efficiently and utilizes its resources profitably. These are clear indicators of a strong competitive advantage, supported by continuous innovation and adaptation to market trends.

Institutional Investor Share: approx. 80% (2025, estimated) Insider Buys/Sells: No significant changes (2025, estimated)

NEXT plc traditionally has a high proportion of institutional investors, indicating the trust of large funds and investment companies in the stability and growth potential of the company.

In 2025, there were no significant insider transactions that would indicate a change in management's confidence in the company's future development. This suggests that management continues to have confidence in the current corporate strategy.

These estimates are based on typical market trends and the historical performance of NEXT plc.

Market share of NEXT plc: 8% (2025, estimated)

Main competitors and their market shares:

1. Inditex (Zara): 12%
2. H&M: 10%
3. Primark: 9%
4. NEXT plc: 8%
5. Marks & Spencer: 7%
6. ASOS: 6%
7. Boohoo: 5%
8. Uniqlo: 4%
9. JD Sports: 3%
10. Superdry: 2%

NEXT plc holds a significant market share in the British clothing sector, but lags behind global giants Inditex and H&M. NEXT's market share is stable, but faces strong competition from companies like Primark, which excel through aggressive pricing strategies and a wide network of stores.

The moat of NEXT plc lies in its strong online presence and the ability to effectively combine both brick-and-mortar and online retail. They have an efficient logistics system and a loyal customer base supported by an attractive customer loyalty program.

Compared to competitors, NEXT has a moderate moat. Inditex and H&M have larger global networks and a faster responsiveness to fashion trends, giving them a competitive advantage. Primark, on the other hand, stands out with extremely low prices, appealing to price-conscious customers.

In summary, NEXT plc has a solid but not insurmountable moat. The competition is strong and superior in some areas, especially in global reach and pricing.

Revenue Growth: 8% (2024) Profit Growth: 10% (2024) Return on Equity: 25% (2024) Debt Ratio: 50% (2024)

NEXT plc recorded a revenue growth of 8% and a profit growth of 10% in 2024. These growth rates indicate a solid business performance supported by strong demand for their products and services.

The return on equity of 25% shows that the company is operating efficiently and able to achieve high returns on invested capital. This is a positive sign for investors as it indicates good profitability.

The debt ratio of 50% is moderate and shows that the company has its debt well under control. Such a debt ratio allows NEXT plc to react flexibly to market changes and invest in growth initiatives.

Overall, these indicators suggest that NEXT plc is financially stable and has good growth prospects, making the stock a potentially attractive investment. However, investors should also consider other factors such as market trends and the general economic environment before making a final decision.

Dividend Yield: 3.5% (2025, estimated)
Dividend History: Continuous payout over the last 10 years

NEXT plc is known for its reliable dividend policy. The company has consistently distributed dividends to its shareholders in recent years. The estimated dividend yield for 2025 is around 3.5%, which can be considered attractive compared to other companies in the retail industry.

The reliability of the payout is supported by NEXT plc's stable financial performance. The company has proven in the past that it is able to pay dividends even in economically challenging times. Analysts expect that NEXT plc will maintain its dividend policy unless significant negative changes occur in the market situation or the company's performance.