Burberry, the FTSE 100 luxury fashion group, expects to grow revenue and widen margins this year after first-half profit more than tripled.
The company said its momentum gave it confidence, though it remained mindful of an uncertain external environment.
It expects wholesale revenue to grow 10% to 12% in the year to March, with annualised cost savings of around £100 million.
Burberry will hold a capital markets day for investors in London in March.
Revenue rose 6% to £1.1 billion in the 26 weeks to 26 September.
Comparable retail sales, which strip out the effect of store openings and closures, grew 4%, the fifth consecutive quarter of growth.
Adjusted operating profit rose to £62 million from £19 million, lifting the margin to 5.7% from 1.9%.
Americas leads the way
The Americas drove the growth, with comparable sales up 12%, mainly from local shoppers.
Greater China rose 7% and Asia Pacific 3%.
Sales in Europe, the Middle East, India and Africa (EMEIA) fell 2% because of fewer tourists and weak traffic, particularly at outlet stores.
Outerwear grew by double digits, helped by rainwear, and handbag sales picked up in the second quarter.
Wholesale revenue rose 17%, ahead of guidance.
Chief executive Joshua Schulman said: "Five consecutive quarters of growth and improved quality of sales demonstrate that our strategy is working."
Cash outflow widens
The free cash outflow widened to £147 million from £50 million as Burberry built up stock ahead of its peak selling season.
Net debt, including lease liabilities, rose to £988 million from £852 million at the end of March.
