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BRIEF-Shaver Shop Group Says H1 Net Profit Expected To Increase 75-85%

Published 11/01/2021, 08:59 am
Updated 11/01/2021, 09:00 am
© Reuters.

Jan 11 (Reuters) - Shaver Shop Group Ltd SSG.AX :

* SHAVER SHOP GROUP LTD- H1 NET PROFIT EXPECTED TO INCREASE 75-85%

* SHAVER SHOP GROUP LTD - GROSS PROFIT MARGIN IS EXPECTED TO INCREASE MORE THAN 200 BASIS POINTS ACROSS H1 FY21

* SHAVER SHOP GROUP LTD - Q2 FY21 SALES UP 12.4% IN TOTAL AND 13.7% ON A LFL BASIS

* SHAVER SHOP GROUP LTD- ON TRACK TO DELIVER ANOTHER RECORD PROFIT FOR FULL YEAR

* SHAVER SHOP GROUP LTD - EXPECTS H1 FY21 NET PROFIT AFTER TAX TO BE BETWEEN $13.5 MILLION AND $14.0 MILLION

* SHAVER SHOP GROUP - ONLINE SALES GROWTH OF 64.7% IN Q2 WAS PRIMARY DRIVER OF TOTAL AND LIKE FOR LIKE SALES GROWTH

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