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Company News Summary

Super Retail Group Provides CEO's Address to Shareholders at AGM

22 Oct 2019  |  10:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: CEO Address to Shareholders

Super Retail Group provided CEO's address to shareholders at AGM. It reported that the Company achieved total sales growth of 5.4% and delivered like-for-like sales growth across all four divisions. The topline growth translated into a 7.0% increase in Segment EBITDA, a 3.9% increase in Segment EBIT and a 5.0% increase in normalised net profit after tax. The Company has over 6m active members in its loyalty club programs. Online sales grew by 25% as customers shifted to the omni-channel experience, allowing them to shop online and collect purchases either in store or at the location of their choice.

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