Appendix 4E and Annual Financial Statements FY25
| Stock | Premier Investments Ltd (PMV.ASX) |
|---|---|
| Release Time | 25 Sep 2025, 8:31 a.m. |
| Price Sensitive | Yes |
Premier Investments Ltd reports FY25 results
- Total revenue up 1.21% to $831.3 million
- Profit from continuing operations down 22.53% to $144.0 million
- Completed divestment of Apparel Brands business to Myer
Premier Investments Limited has reported its financial results for the 52 weeks ended 26 July 2025. Total revenue increased by 1.21% to $831.3 million, while profit from continuing operations decreased by 22.53% to $143.9 million. The company's Continuing Operations consist of the Peter Alexander and Smiggle brands, as well as its investment in Breville Group Holdings Ltd and property assets. During the period, Premier Investments entered into a binding agreement to sell its Apparel Brands business (comprising Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E) to Myer Holdings Limited. Following shareholder approvals, the transaction was completed on 26 January 2025, with Premier receiving 890.5 million new Myer shares as consideration. Premier subsequently distributed these Myer shares to its own shareholders via an in-specie distribution on 6 February 2025. As a result of this transaction, the Apparel Brands business has been classified as a Discontinued Operation in Premier's FY25 financial statements.