Half Year Results Presentation
| Stock | Super Retail Group Ltd (SUL.ASX) |
|---|---|
| Release Time | 20 Feb 2025, 8:23 a.m. |
| Price Sensitive | Yes |
Super Retail Group Reports H1 FY2025 Results
- Generated positive like-for-like growth in a challenging consumer environment
- Continued investment in network expansion and store refurbishments
- Further strengthened omni-channel capabilities, with strong online growth
Super Retail Group reported a solid first half performance, with sales up 4% to $2.1 billion and group like-for-like sales growth of 1.8%. The company continued to invest in network expansion and store refurbishments, opening 19 new stores and completing 14 store upgrades. Online sales grew 10.1% to $286.4 million, representing 13.6% of total sales. The group also saw continued growth in active club members, which increased 8.1% to 12 million, with sales from active club members accounting for 79% of total sales. Statutory NPAT was $129.8 million, with normalised NPAT of $130.8 million. The company declared a fully franked interim dividend of 32 cents per share. Performance across the group's brands was mixed, with Supercheap Auto and Macpac facing some challenges, while rebel and BCF delivered stronger results. The company maintained a conservative balance sheet with no drawn bank debt and $168 million in cash.
The company did not provide any high-importance, price-sensitive forward-looking financial metrics in the announcement.
The announcement did not include any forward-looking outlook statements.