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Article: AUSTRALIAN FURNITURE RETAILER FANTASTIC SAYS SEPT QTR RESULTS STRONG.(Financial report)
- Article from:
- AsiaPulse News
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SYDNEY, Oct 28 Asia Pulse - Australian furniture retailer Fantastic Holdings Ltd (ASX:FAN) says its September quarter results are strong and the retail outlook for Australia is promising.
Fantastic said the group's like for like delivered sales have increased four per cent in September compared with the corresponding period to September 2008, while total sales rose 15 per cent.
Chairman George Bennett also reiterated recent guidance that pre tax net profit for the six months to December 2009 would rise between 65 to 75 per cent compared to A$10.6 million (US$9.73 million) in the prior corresponding period.
"We do not expect gains of this ...