Premier posts premier result

Wilson Asset Management

Wilson Asset Management

On Thursday, Premier Investments (ASX: PMV) announced its full year results. Premier's underlying earnings before interest and tax (EBIT) was up 26.1% on the year prior to $133.3 million. The continued rollout of Smiggle stationery stores presents a large opportunity globally and we believe Premier Chairman Soloman Lew and Premier Retail CEO Mark McInnes are two of the best retailers in Australia. Shares in Premier closed up 0.7% for the week. We own in Premier as a market-driven investment in WAM Capital, WAM Leaders and WAM Active.


MORE ON



1 topic

1 stock mentioned

Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.