BFC Half-Year Report 2024

Highlights

• Sales up 3 percent to $2.0 billion
• Group like-for-like sales growth of 1 percent
• Group gross margin increased by 30 bps to 46.5 percent
• Statutory PBT of $204 million, above the top of the previously announced guidance range
• Statutory NPAT of $143 million and normalised NPAT of $145 million
• Statutory EPS of 63.5 cents and normalised EPS of 64.3 cents
• Fully franked interim dividend of 32 cents per share
• Strong rebound in online sales – up 10 percent to $260 million
• Increased customer transactions – transactions have grown across all four core brands
• Continued growth in active club members – up 15 percent to more than 11 million
• Successfully relaunched rebel active loyalty program – already more than 2 million club members have earned loyalty points
• Store network expansion and upgrades – 17 new stores opened and 5 rebel stores upgraded to rCX
• Conservative balance sheet – no drawn bank debt and positive cash balance