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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…

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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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