Brief: Shaver Shop Group Says H1 Net Profit Expected To Increase 75-85%

Shaver Shop

10/01/2021 21:59

Jan 11 (Reuters) - Shaver Shop Group Ltd  SSG.AX :
    * SHAVER SHOP GROUP LTD- H1 NET PROFIT EXPECTED TO INCREASE
75-85%
    * SHAVER SHOP GROUP LTD - GROSS PROFIT MARGIN IS EXPECTED TO
INCREASE MORE THAN 200 BASIS POINTS ACROSS H1 FY21
    * SHAVER SHOP GROUP LTD - Q2 FY21 SALES UP 12.4% IN TOTAL
AND
13.7% ON A LFL BASIS
    * SHAVER SHOP GROUP LTD- ON TRACK TO DELIVER ANOTHER RECORD
PROFIT
FOR FULL YEAR
    * SHAVER SHOP GROUP LTD - EXPECTS H1 FY21 NET PROFIT AFTER
TAX TO
BE BETWEEN $13.5 MILLION AND $14.0 MILLION
    * SHAVER SHOP GROUP - ONLINE SALES GROWTH OF 64.7% IN Q2 WAS
PRIMARY DRIVER OF TOTAL AND LIKE FOR LIKE SALES GROWTH

Source text for Eikon:  ID:nASX5MkTBY 
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 ((Reuters.Briefs@thomsonreuters.com;))