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Company News Summary

Super Retail Group Provides First Half Trading Update

12 Feb 2019  |  09:58:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 1st Half Trading Update

Super Retail Group announced provisional Group Segment Earnings Before Interest and Tax of $124.5m, an increase of 9.6% on the pcp. The total Group Sales of $1.4bn is up by 6% over the pcp. It reported the operating cash flow of $235.4m, $69.2m higher than Group Segment EBITDA. Total sales for the Sports Segment grew 4.0% to $523.9m, with 3.2% like for like sales growth driven by transaction and unit growth. The group costs at $9.9m were $0.3m lower than pcp.

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