Premier Investments Limited
(ASX:PMV) has reported a 21 per cent rise in net profit after tax.
Total sales rose by 6.4 per cent to $946 million led by strong performance from the Smiggle and Peter Alexander brands with online sales up 31 per cent for the year.
Smiggle expansion in the UK is performing ahead of expectations while Peter Alexander has opened 14 new stores and is outperforming the retail market.
A final dividend of 21 cents per share fully-franked brings the full year payout to 51 cents per share.
