JB Hi-Fi Announced Its 1H FY2020 Results and The Retirement Of Its Chairman

  • Feb 10, 2020 AEDT
  • Team Kalkine

JB Hi-Fi Limited (ASX: JBH) made two announcements on 10 February 2020 for 1H FY2020 Results & Retirement of Chairman.

1H FY2020 Results:               

  • Total sales up 3.9% to $4.0 billion.
  • EBIT up 8.0% to $255.6 million.
  • Net profit after tax up 8.9% to $174.4 million.
  • EPS up 8.9% to 151.8 cps.
  • Declared Interim dividend of 99 cps, up 8.8% as compared to 1H FY2019.

 

Chairman’s Retirement:

Greg Richards, the Chairman and non-executive director of JBH shall retire from his position on 30 June 2020. His position of Chairman would be taken up by Stephen Goddard who has been the member of the JB Hi-Fi’s Audit & Risk Management Committee since his appointment in 2016.

 

 

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK