Brief: Kogan.Com Expects Gross Margins To Improve From January 2023

Kogan.com

24/01/2023 24:23

Jan 24 (Reuters) - Kogan.com Ltd  KGN.AX :
    * EXPECTS GROSS MARGINS TO IMPROVE FROM JANUARY 2023
    * HY  ADJUSTED EBITDA LOSS WAS A$4.4 MILLION
    * HY ADJUSTED EBIT LOSS A$12.7 MILLION
    * EXPECTS TO FURTHER OPTIMISE OPERATING COSTS PROGRESSIVELY
THROUGH SECOND HALF OF FY
    * CO LOOKS TO 2HFY23 WITH CONFIDENCE IN ITS ABILITY TO
RETURN TO
AN AGILE, OPERATING MARGINS & PROFITABILITY
    * HY GROSS SALES OF A$471.1 MILLION DECLINED 32.5% YOY

Source text for Eikon:  ID:nASX3PRbmv 
Further company coverage:  KGN.AX 
 ((Reuters.Briefs@thomsonreuters.com;))