Premier Investments Sees Strong FY24 Amid Economic Challenges

Premier Investments Limited (AU:PMV) has released an update.

Premier Investments Limited reported a strong financial performance for FY24, with a statutory net profit after tax of $257.9 million, despite challenging economic conditions. The company’s retail arm saw significant contributions, particularly from the Peter Alexander brand, which achieved record sales of $508.6 million. Overall, Premier’s omni-channel strategy and operational efficiencies helped navigate high inflation and interest rates, maintaining robust profit margins.

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