Kogan.com see record trading for the Christmas period

Company News

by Rachael Jones

Retail and services company Kogan.com (ASX:KGN) recorded the best trading results in the Christmas period this year – particularly with the Black Friday and Boxing Day sales.

The Company’s core divisions of Exclusive Brands, Partner Brands and Kogan Mobile all grew in revenue and active customers during the half.

Kogan.com achieved 32.2 per cent year-on-year Active Customer growth as at 31 December 2018. Total revenue growth was 9.7 per cent.

The company is also looking to expand Kogan Money by establishing strong partnerships with Mercer and Citibank, and by launching Kogan Money Home Loans, in partnership with Adelaide Bank and Pepper.

Shares in Kogan.com (ASX:KGN) are trading 5.85 per cent higher at $3.44.
 

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