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Lovisa Holdings Announces 1H FY 2021 Half Year Results

19 Feb 2021  |  09:39:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 1H FY21 Half Year Results Announcement

Lovisa Holdings announced 1H FY 2021 half year results. It reported Net Cash of $42.5m with $50m of debt facilities in place. The Revenue is down 9.8% to $146.9m due to continuing global COVID-19 trading disruption. The Comparable store sales positive in Q2, down 4.5% for the half year and 25 net new stores opened during the half year, 460 at half year end.

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