Country Road Limited
(ASX:CTY) has generated a solid first half net profit of $38 million, up more than 70 per cent on the same period a year ago.
Total sales growth in Australasia and South Africa jumped by over 27 per cent.
Directors declared an interim dividend of 17.9 cents per share fully franked.
The company says the retail landscape is likely to remain highly competitive in the second half of the financial year.
The group expects to deliver further improved results for the full year, but at a lower growth rate with comparative results to include Witchery and Mimco.
