Premier Investments Profit Forecast

Submitted by Share Trading on 3 August, 2010 - 12:54

Australian fashion retail holding company, Premier Investments (ASX:PMV), which owns Just Group, Jay Jays, Peter Alexander and Portmans fashion labels have stated that they expect a 3 percent improvement in annual sales for Just Grop to $870 million. Profit forecast after tax for the 2010 fiscal year for Just group is $78 to $81 million. However, the company's Portmans fashion brand posted a $18.5 million loss.

Premier Investments Profits and Dividends

Premier Investments has said that it intends on declaring a fully franked final year dividend of 18 cents a share. Final audited results are due to be released on 21 September 2010. In the 2009 fiscal year, Premier investments posted a profit of $82.75 million.

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