NZ's Briscoe Group sees best day in near 11 months on strong FY results

Briscoe

04/02/2022 24:23

** Shares of Briscoe Group  BGP.NZ  gain as much as 5.35% to
NZ$6.1, marking their best intraday session since March 16, 2021
    ** The retail chain says its group revenue for full year
ended Jan 30 came in at NZ$744.4 mln ($495.99 mln), up about 6%
from the prior corresponding period  urn:newsml:reuters.com:*:nFWN2UE1CL
    ** Co says it now expects full-year net profit after tax
(NPAT) approximately NZ$87 mln
    ** Stock hits one-week high
    ** About 53,684 shares change hands, 4.4 times more compared
with the 30-day average volume of 12,069 shares
    ** Stock down 10.6% this year, as of last close

    ($1 = 1.5008 New Zealand dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))