Interviews
News Flash
Profits fall at David Jones Limited
12 May '11
3 min read
“In terms of outlook, assuming there is no further deterioration in trading conditions and we continue to experience April's trading conditions throughout 4Q11, we expect our 2H11 Profit After Tax (PAT) growth to be approximately +5%.
“We also reaffirm our 5% - 10% PAT growth guidance for FY12, subject to April's trading conditions continuing throughout FY12 and no further deterioration in consumer sentiment or any further adverse changes in the macro economic environment taking place. Noting that if consumer shopping behaviour continues as per our April trading experience we expect our PAT growth will be at the lower end of our guidance,” Mr Zahra said.
“We also reaffirm our 5% - 10% PAT growth guidance for FY12, subject to April's trading conditions continuing throughout FY12 and no further deterioration in consumer sentiment or any further adverse changes in the macro economic environment taking place. Noting that if consumer shopping behaviour continues as per our April trading experience we expect our PAT growth will be at the lower end of our guidance,” Mr Zahra said.
David Jones Limited
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