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Earnings Analysis: 
Woolworths 1H Earnings Rise 28%
Author: 123jump.com Staff
123jump.com
Last Update: 7:43 PM EST February 27 2008



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The largest Australian retailer reported fiscal 2008 first half sales rise of 8.6% and earnings gain of 28%. Sales increased to $24 billion and earnings rose to $891.3 million. Woolworths declared an interim dividend of 44 cents, up from 35 cents in the first half of fiscal 2007. The company guided fiscal 2008 profit increase between 19% and 23%.

 

 

 

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