• Recovering from challenging H1 with clear priorities for 2025
• Significant investment in price and promotions to provide more value to customers
• Strong growth from adjacency businesses including Cartology, Rewards, Services and PFD

Woolworths Group Ltd reported its half-year results for the period ended 5 January 2025. Group sales grew by 3.7%, with eCommerce sales increasing by 18.3%. However, EBIT was impacted by industrial action, supply chain commissioning, and investment in price and promotions. The company is focused on improving retail fundamentals, simplifying operations to increase impact for customers and deliver efficiencies, and successfully opening and ramping up its NSW supply chain assets. Woolworths also reported strong growth from its adjacency businesses, including Cartology, Rewards, Services, and PFD. The company is committed to providing compelling value to customers, with initiatives such as the launch of Watchlist, the expansion of Everyday Rewards Boost your Budget campaigns, and the inclusion of more products in Everyday Low Price and Lower Summer Price programs. While the first half was challenging, the company is seeing an improving trend in customer metrics in the second half.

Woolworths Group expects to deliver Support Office costs savings of approximately $400 million in the 2025 financial year.