Premier Investments (PMV) AGM trading update

Managing costs tightly

Published: 01 December 2023

Premier has provided an update on earnings for 1H24e ahead of its AGM. The decision to provide guidance that 1H24e EBIT will be near $200 million is unusual so early in the half and the lack of sales commentary makes it more difficult to gauge the drivers of the earnings change. EBIT of $200 million for 1H24e would be down 10% on the same time a year ago.

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