Briscoe Group LimitedNZX: BGP

BGP: Net profit and margins declined, but an interim dividend was maintained and capex increased

· Issued by Briscoe Group Limited

Revenue and net profit both declined slightly year-over-year, with EBIT and gross margin also down. An interim dividend of 10.00 cents per share was declared, and significant investment was made in a new distribution centre. The fair value of the KMD Brands investment decreased.

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