“Our trading performance is encouraging in a tough environment and confirms the underlying strength of our business and our brands. Our extensive network of stores, sector-leading brands, loyal customer base and expanding e-commerce capability form a powerful combination that sets us apart from existing competitors and new entrants to the retail sector in Australia and New Zealand,” said Heraghty.
“We will continue to enhance our omni-retail channels to provide our customers with multiple touchpoints to engage with our businesses and leverage further growth for the Group. Our strong customer base presents significant opportunities to capitalise on the potential of our brands.”
In February, the company announced a net profit after tax of $71.7 million and, after adjusting for items not included in total segment net profit after tax, normalised net profit after tax of $81.6 million (an increase of 8.9 percent over the prior comparative period).
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