Super Retail Group Reports Solid Financial Results for FY19

  • Oct 22, 2019 AEDT
  • Team Kalkine

Super Retail Group Limited (ASX: SUL) performed well during the year despite relatively subdued economic conditions. The company reported total sales growth of 5.4% and delivered like-for-like sales growth of 2.9% in FY19 across all four divisions.

  • The company reported total segment EBITDA of $314.7 million up by 7% on pcp;
  • Segment D&A increased by 16.2% to $86.6 million reflecting increased omni-retail investment;
  • The company also declared fully franked dividend of 28.5 cents per share, making the full year dividend to 50 cents per share.

At AEST 12:58PM, the stock was trading at $9.075 per share, down by 5.073% from its previous close.


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