Australia's Shaver Shop hits highest in over 1 mth on strong HY results

Shaver Shop

18/02/2021 23:33

** Shares of Shaver Shop Group Ltd  SSG.AX  gain as much as
3.8% to A$1.240, their highest since Jan. 11
    ** The grooming products retailer reports a 15% rise in
first-half sales to A$123.6 mln ($96.06 mln)  urn:newsml:reuters.com:*:nASX4kRm83
    ** Posts a half-year net profit after tax of A$14.2 mln, up
85.5% year-over-year
    ** Co also declares an interim dividend of 3.2 cents per
share
    ** Stock on track for third straight session of gains
    ** Stock has added 12.7% this year, as of last close

($1 = 1.2867 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))