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Woolworths Group Announces Half Year Results

23 Feb 2022  |  09:43:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Year Results Announcement

Woolworths Group announced half year results. Group sales from continuing operations increased 8.0% to $31.9bn in the half. Sales growth reflects the first-time inclusion of Quantium and PFD. Excluding these acquisitions, Group sales from continuing operations increased by 4.2% with sales growth in Australian Food and NZ Food offset somewhat by lower sales from BIG W. Total Group sales from continuing and discontinued operations declined by 11.1%.

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