F19 Final Profit and Dividend announcement for the 53 weeks ended 30 June 2019

Progress on key priorities:

  • Robust customer scores, especially in Q4
  • Improved sales and profit in H2 across the Group
  • Solid foundations for all 'X' businesses in place; Group Online sales of $2.5 billion with normalised growth of 32% in F19
  • Materially improved momentum in BIG W; store and DC closures announced and underway
  • Petrol sale and $1.7 billion share buy-back completed; Endeavour Group transaction underway

More to do:

  • Maintaining customer focus while progressing our agenda across Woolworths Group
  • Delivering increased convenience for customers - Digital, Drive, Same day, Metro, Fresh Made Easy
  • Continuing to leverage technology to unlock process improvements; build partnership model
  • Delivering cost efficiencies - Simpler for Stores, MSRDC, Smart Store, stockloss
  • Completing merger of Endeavour Drinks and ALH; progressing separation of Endeavour Group

Click here to access the full results.

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Woolworths Ltd. published this content on 29 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 August 2019 07:25:02 UTC