• Total sales up 9.8% to $5.67 billion
• EBIT up 8.6% to $419.9 million
• NPAT up 8.0% to $285.4 million
• Interim dividend up 7.6% to 170.0 cps

JB Hi-Fi Limited ('Group') today reported its financial results for the 6 months ending 31 December 2024 ('HY25'). The Group achieved strong performance, with total sales up 9.8% to $5.67 billion, earnings before interest and tax (EBIT) up 8.6% to $419.9 million, and net profit after tax (NPAT) up 8.0% to $285.4 million. Earnings per share increased by 8.0% to 261.1 cents per share, and the Board declared an interim dividend of 170.0 cents per share, up 7.6%. The Group's Australian and New Zealand operations both delivered solid sales and earnings growth, with the recently acquired e&s business also performing in line with expectations. The Group maintained its focus on maximizing demand through delivering high levels of customer service and value, despite the challenging trading environment marked by heightened competitor activity. The Group remains committed to having a positive impact on its people, community, and the environment, as outlined in its FY24 Sustainability Report.

The Group provides the following sales update for the period 1 January 2025 to 31 January 2025: total sales growth of 7.4% for JB HI-FI Australia, 20.4% for JB HI-FI New Zealand, 6.4% for The Good Guys, and 8.1% for e&s.

The Group remains cautious given the uncertainty in the retail market and the continued competitive activity, but is committed to adapting and innovating to ensure it remains the destination of choice for its categories.