PREMIER INVESTMENTS LIMITED ersonal use only
Premier Investments Limited
2022 Half Year Results Overview
25 March 2022
Agenda
only | 1 | Premier Investments Limited 1H22 overview | ||
2 | Premier Investments Limited 1H22 consolidated financial results | |||
3 | Premier Retail - delivers strong result | |||
4 | Peter Alexander - continued outstanding results | |||
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5 | Smiggle - powerful global brand rebounding | |||
6 | Apparel Brands - well positioned for future growth | |||
ersonal | 7 | Online - record sales result surpassing 25% of total global sales | ||
8 | Multi-channel strategy - maximising channel profitability | |||
9 | Premier Retail - diverse portfolio of successful retail businesses | |||
10 | Interim Dividend | |||
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1 Premier Investments Limited 1H22 overview
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PMV
GROUP
1H22
Results
Statutory NPAT
$163.6 million
Down -13.0%vs 1H21
Up +64.3% vs 1H20
Premier Retail EBIT
$212.0 million (incl significant items)
$196.4 million (excl significant items)
Up +5.5% vs 1H21
Up +55.7% vs 1H20
Dividend
Fully Franked Interim Dividend
46 cps
Up 12 cps (35.3%) vs 1H21
Associate Income (BRG)
Share of Breville Associate Income
$20.3 million
Up +20.7% vs 1H21
Up +46.4% vs 1H20
Note: Except for Statutory NPAT, results are stated on a comparable 26 week period, pre-AASB16 and excluding significant items unless otherwise stated. Refer to Appendix B for a reconciliation of Statutory and Pre-AASB 16 results, including and excluding significant items.
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1 Premier Investments Limited 1H22 overview
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PMV
GROUP
Financial Position
Breville Investment
Investment of 26.2% in BRG Balance Sheet accounting value:
$289 million
Market value at 29 Jan 2022:
Over $1 billion
Net Cash
$400 million
- Cash on Hand: $469 m
- Property Debt: $69 m
All operating debt repaid
during 1H22
Myer Investment
Investment of 19.9% in MYR:
$69 million
Property
Premier Retail Head Office and Australian Distribution Centre at historical cost:
$73 million
Franking Credit Pool
$284 million as at 29 Jan 2022
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Premier Investments Limited published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 22:25:06 UTC.
