Endeavour Group?s profits rose 11.2% in FY22 as people return to socialising in hospitality settings.
The company reported a boom in the December half in liquor retailing when people stuck at home in Sydney and Melbourne sought out Dan Murphy?s and BWS stores online with growth then driven by the group?s 344 hotels.
?The financial year 2022 was a significant one for Endeavour Group, our first as an independently listed business, and together we delivered strong financial results?, said CEO Steve Donohue.
Despite strong profit growth, Endeavour shares dropped more than 10% following the announcement.