SHAVER GROUP?
well from a purely B&M perspective yes but really its just MHJ.
lets not get carried away here....
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SHAVER GROUP?
well from a purely B&M perspective yes but really its just MHJ.
lets not get carried away here....
Statutory net profit after tax was $37.1m (FY21H1: $37.6m)
Rawz - $37m a bit better than my guess of $36m - but as I thought NPAT down on last year
This is a good sign -
In the first eight weeks of FY22H2 Group all store sales were up +14% (even though same store sales were flat)
This Comparable Profit thingie they use --- I suppose we need to trust them that its all kosher
Its Banked already. Thanks MHJ.
Key Financial Results•
Group comparable EBIT increased by 15.5% to $51.6m (FY21H1: $44.6m, FY20H1: $31.6m).
• Statutory net profit after tax was $37.1m (FY21H1: $37.6m).
• Group same store sales were up 11.4% to $306.5m (FY21H1: $275.0m).
• Operating revenues increased by 2.3% to $327.1m (FY21H1: $319.9m), despite losing ~20% of store trading days.
• Gross margin increased by 240 bps to 65.1% (FY21H1: 62.7%, FY20H1: 61.7%).
• Strong working capital management resulted in a closing net cash position of $99.1m (FY21H1: $90.3m).
• Agile inventory management with stable and reliable supply chain arrangements delivered a healthy closing balance of $175.8m (FY21H1: $170.6m).
• Interim dividend payment of AU3.5 cents per share, unfranked and fully imputed with conduit foreign income.
might be a bit of share trade in there still.
"despite losing ~20% of store trading days"
really would like to see some refinements in financial presentations.
Reports will soon be interactive META VERSE presentations where you can ask the AVATARS questions ...
GA GA .... GA GA
right, off testing, fine weather.
An eye watering COH of $99ml. And they're paying interim divvy of 3.5c which is higher than FY21 final of 3c. On that basis we could expect final for FY22 to be at least 5c or more.
They're all in paid AUD, even better with falling NZD..