WOW woolworths group limited

News: WOW Australia's Woolworths half-year profit rises 25%

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    Feb 22 (Reuters) - Top Australian grocer Woolworths Group Ltd (WOW) posted a 25% rise in its first-half profit on Wednesday, as soaring inflation supported sales growth while pandemic-related expenses slowed.

    The company said net profit attributable to continuing operations, excluding one-off costs, was A$845 million ($578.99 million) for six months ending Jan. 1, compared with A$676 million a year earlier. That compares with a Macquarie estimate of A$842 million. ($1 = 1.4594 Australian dollars)

 
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