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Premier shows Australian retail the way – The Australian Financial Review

A decision made six years ago to centralise the storage and distribution of the Premier Investments range of products is paying off with record online sales and…



Premier told the ASX on Wednesday it expected its first half profit before interest and tax to be in the range of $221 million to $233 million, up between 75 per cent and 85 per cent on the prior year.
Goldman Sachs analyst Andrew McLennanis tipping Premier will deliver EBITDA this year of $373 million and earnings per share of 94¢.
Premier’s transformation to an online retailing powerhouse started six years ago when chief executive Mark McInnes convinced chairman Solomon Lew to build one central…

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