Super Retail Group profit up 26%

Company News

by Rachael Jones

Super Retail Group (ASX:SUL) today announced net profit after tax attributable to owners for the year to 30 June 2018 of $128.3 million, a rise of 26 per cent from $101.8 million from last financial year.

Total Group Sales were $2.57 billion, an increase of 4.2 per cent on the proper corresponding period.

Earnings before interest and tax rose 5.9 per cent on last year’s results to $219.6 million.

Final dividend of 27.5 cents contributing to a full year dividend of 49.0 cents, 5.4 per cent higher than the prior corresponding period.

Auto, Sports and Outdoor Divisions all delivered like for like sales and EBIT growth.

Shares in Super Retail Group (ASX:SUL) are trading 9.55 per cent higher to $9.98.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.