Mr Price Group LimitedJSE: MRP

MRP: Revenue up 4.2% to R42.7bn; Studio 88 buyout and NKD acquisition completed

· Issued by Mr Price Group Limited

Revenue grew 4.2% to R42.7bn and net profit rose to R3.85bn, driven by strong Apparel and Homeware performance. The group completed the Studio 88 buyout and acquired NKD post year-end, funded by cash and new term loans. Dividend policy was maintained.

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