Half Year Sales to 30 July 2023

Briscoe Group Limited (NZX/ASX code: BGP) has reported unaudited sales of $369.2 million for the 26-week half-year to 30 July 2023, a 0.35% increase on the same period in 2022.

Group Managing Director Rod Duke said the Group had achieved positive sales growth for both homeware and sporting goods despite the economic downturn.

He also noted the Group's online channel had grown to 18.33% of total sales and that the Group had opened a new Rebel Sport store in Ashburton.

Duke said the Group was confident of producing a half-year net profit after tax (NPAT) in excess of $42 million, compared to $45.6 million reported for the first half of last year.

The Group's results and interim dividend will be released on 13 September 2023.