Company News Summary
Super Retail Group Provides Half Year Results
Original announcement: Company Announcement 2017 Half Year Results
Super Retail Group announced net profit after tax attributable to owners for the 26-week period to 31 December 2016 of $74.4m which was 65.7% higher than the pcp. Sales increased by 6.9% to $489.2m with like for like sales growth of 3.7%, driven in particular by growth in transaction numbers and average item value. Digital sales increased by 48% on the pcp, driven by customer engagement with the brand's 90-minute click and collect offering. EBIT grew by 10.1% to $53.6m, with the EBIT margin increasing by 0.4%.
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