The constant wet weather and August riots contributed to slower sales, yet like-for-like sales rose 2.5% as inflationary pressures eased.
Phil Urban emphasized that despite external challenges, sales growth is normalizing and the company’s diverse portfolio helps it outperform the market.
Looking ahead, the group plans to implement initiatives and capital investment to drive efficiencies, sales, and profitability in the new financial year.
The combination of adverse weather and urban disturbances impacted sales, yet the company remains optimistic about achieving results on the upper end of expectations.
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