• Revenue up 8.8% to $405.9m
• Profit before tax up 10.8% to $80.6m
• Net profit after tax up 6.5% to $56.9m
• Interim dividend of 50.0 cents per share unfranked

Lovisa Holdings Limited has reported a strong financial performance for the first half of FY2025. The company's revenue increased by 8.8% to $405.9m, reflecting growth in the store network with comparable store sales up 0.1% compared to the first half of the prior year. Lovisa closed the half with 943 stores, with the global rollout of stores continuing with 57 new stores opened for the period, offset by 14 closures including 2 relocations. Gross profit for the half was $334.7m, an increase of 11.1% on the prior half year, with gross margin increasing to 82.4% from 80.7% in the first half of the prior year. Net profit before tax was $80.6m, up 10.8% compared to the prior half year, with net profit after tax of $56.9m, up 6.5%. The Group's balance sheet remains strong with net cash of $6.7m on hand at balance date. Subsequent to the end of the half year, a Group company was named as the respondent in a class action commenced by a former store manager and others in the Federal Court of Australia, alleging underpayments under the Lovisa Enterprise Agreements. The Group intends to defend the proceeding, which remains in its early stages.

Lovisa reported revenue of $405.9m, profit before tax of $80.6m, and net profit after tax of $56.9m for the 26 weeks ended 29 December 2024.