Woolworths FY profit jumps 12.5%

Retail giant Woolworths has delivered a 12.5 per cent jump in full-year net profit, driven by renewed demand for its extensive food offerings, and new stores.

Net profit for the 52 weeks ended June 24 rose to $1.72 billion from $1.53 billion a year earlier, while sales were up 3.4 to $56.73 billion from a year earlier.

Woolworths will pay a final dividend of 50 cents a share, unchanged from a year earlier, plus a special dividend of 10 cents a share.

Leave a Reply

Your email address will not be published. Required fields are marked *