Sports Direct has announced its interim results for the 26 weeks to 26th October 2014 with an increase by 130 basis points to 44.5%.

Dave Forsey, chief executive of Sports Direct said: "The results for the six months were solid considering the adverse impact on performance during the period of England's early departure from the FIFA World Cup in Brazil and the unseasonably mild weather during Autumn reducing footfall.

"However, the continued growth in Group revenues and EBITDA is testament to the hard work of our colleagues and our continued focus on providing customers with exceptional quality and unbeatable value. We are delighted that their contribution will again be recognised under the 2011 Employee Bonus Share Scheme - 25% of which is expected to vest with eligible employees in September 2015."

Sports Direct has continued its successful expansion in Europe by opening eight more stores and recently opened its first store in the Baltics.