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BRIEF-Lovisa Holdings Says HY Profit After Tax Attributable Up 2.7% To $25.5 Million

Published 20/02/2019, 10:28 am
© Reuters.  BRIEF-Lovisa Holdings Says HY Profit After Tax Attributable Up 2.7% To $25.5 Million
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Feb 20 (Reuters) - Lovisa Holdings Ltd LOV.AX :

* HY PROFIT AFTER TAX ATTRIBUTABLE UP 2.7% TO $25.5 MILLION

* HY REVENUE FROM ORDINARY ACTIVITIES INCREASED 12.3% TO$133.2 MILLION

* DECLARED INTERIM DIVIDEND OF 18 CENTS PER SHARE

* EXPECT THE INCREASE IN NUMBER OF STORES FOR THE SECOND HALF OF FY19 TO BE HIGHER THAN IN THE SECOND HALF OF FY18

* EXPECT CURRENCY HEADWINDS TO BEGIN TO HAVE AN IMPACT LATER IN FINANCIAL YEAR AND INTO FY20 AS CO'S AVERAGE USD HEDGE RATE REDUCES

* EXPECT INCREASE IN NUMBER OF STORES FOR SECOND HALF OF FY19 TO BE HIGHER THAN IN SECOND HALF OF FY18

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