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    Premier Investments (ASX:PMV) reports positive 1H23 results

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    Premier Investments (ASX:PMV) reported a record 1H23 NPAT of $174.3M, up 6.5% from the previous year and 75% from 1H20, in its 1H23 half year results announcement.

    Additionally, the company achieved record sales of $905.2M, up 17.6% from 1H22 and 23.7% since before COVID-19.

    Premier Retail recorded sales of $905.2M, up 17.6% YoY and 23.7% from 1H20.

    Online sales accounted for 18.9% of Premier Retail sales, with $170.9M sold, a 12.5% decrease from 2022 but a 75.8% increase since 1H20.

    An interim fully franked ordinary dividend of 54¢ was declared, in tandem with a special dividend of 16¢, taking total dividends for the half to 70¢, up 52.2%.

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