Brief: Best & Less Group Says Total Revenue In H1 Up 13.0%

Best & Less group

25/01/2023 01:23

Jan 25 (Reuters) - Best & Less Group Holdings Ltd
 BST.AX :
    * BLG DELIVERED TOTAL REVENUE OF A$324.8 MILLION IN H1 FY23,
UP
13.0%
    * H1 FY23 ONLINE SALES DOWN 29.8%
    * HY LIKE-FOR-LIKE SALES WERE DOWN 4.9% ON PCP
    * REMAINS COMMITTED TO COMPANY'S DIVIDEND POLICY OF PAYING
60-80%
OF STATUTORY NPAT
    * HY UNAUDITED PRELIMINARY PRO FORMA NET PROFIT AFTER TAX OF
A$13.7 MILLION
    * FOR FIRST THREE WEEKS OF JANUARY, LFL SALES WERE UP +13.7%
    * FOR FIRST THREE WEEKS OF JAN ONLINE SALES DOWN 23.1%
    * EXPECTS TO DELIVER SECOND HALF PRO FORMA NPAT OF BETWEEN
A$18.0
MILLION AND A$20.0 MILLION

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