Premier Investments Limited
(ASX:PMV) says net profit is up 9 per cent and has increased its interim dividend as well as declaring a special dividend.
Revenue rose 4.2 per cent to $497 for the first half on the back of strong sales growth, lower costs and margin expansion.
Online sales are up nearly 30 per cent in the past 12 months. The company also plans to open Smiggle stationary stores in the UK and more Peter Alexander stores in Australia.
The clothing retailer will pay an interim dividend of 21 cents and a special dividend of 9 cents.
The company is keeping around $280 million of cash on hand and says it will continue considerations of capital management initiatives in the future.
