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Super Cheap Auto Group Limited comprises three businesses: Supercheap Auto, BCF (Boating Camping and Fishing) and Goldcross Cycles. Started in 1972 by Reg and Hazel Rowe, Super Cheap Auto Group has grown to become one of Australia and New Zealand's largest retailers with more than 300 stores across Australia and New Zealand and annualised sales in excess of $800 million. With more than 5,000 team members, Super Cheap Auto Group's success is underpinned by its culture and core values.
Super Cheap Auto Group announces first half results Super Cheap Auto Group Limited (ASX:SUL) today announced a 14.5% increase in net profit after tax to $15.5 million for the 26 week period to 26 December 2009. |
Update on 2010 Half Year Trading Performance Since the last trading announcement at the Group’s annual general meeting in October 2009, the Group has continued to trade strongly ahead of the prior comparative period. |
Sales Growth for the 17 Weeks to 24 October 2009 Super Cheap Auto Group Limited (ASX: SUL) announced today that sales for the 17 weeks to 24 October 2009 had grown by 16.1% over the prior year’s comparative period. |
Super Cheap Auto Group announces 25 percent increase in net profit Super Cheap Auto Group Limited (ASX:SUL) today released its results for the 52 weeks to 27 June 2009, reporting a 25% increase in net profit after tax to $32.1m.Super Cheap Auto Group Managing Director Mr Peter Birtles said 2008/09 had been very successful, with the business delivering the highest rate of like for like sales growth since the introduction of GST. |
Full Year Trading Performance Update Since Super Cheap Auto Group’s last trading announcement on 8 May 2009, the Group has continued to achieve strong sales growth in its two major businesses – Supercheap Auto and BCF.
Subject to the finalisation of end of year accounting entries, the Group is forecasting that Group Net Profit After Tax for the 52 weeks to 27 June 2009 will be in the vicinity of $32m. (Prior comparative period - $25.8m.)
The Group’s performance highlights the benefit of our continued investment in growing our businesses.
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