An increase in gross profit of 6.8% on the back of a revenue increase of 5.7% with only a 2.4% increase in costs and a 15% decrease in financing driving a net profit increase of 32.5%.
Divvies up 7.7% yoy.
Online sales up 183%, brick and mortar customers up 100%.
Fragrances and cosmetics lead the growth stakes, putting paid to any concerns that Coles / Woolies could eat market share by entering the prescription medicine business.
400 stores, another 20 by May 2015. Expecting a 20 - 25% NPAT increase in 1H15 cf 1H14.
A very good company.
Stunning results!
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