Holdsport FY core HEPS up 1.9%
Retailer Holdsport on Tuesday reported increased headline earnings per share (HEPS) of 1.9% to 423.3c for the year ended February.
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The group‚ which owns Sportsmans Warehouse and Outdoor Warehouse as well as Performance Brands‚ increased total sales by 3.1% to R1.417bn with retail sales up 3.3% to R1.365bn.
A final gross dividend of 145c per share was declared‚ 11.5% higher than in the previous period.
Holdsport repaid loans of R124.3m to Standard Bank during the year and replaced them with a R130m loan from FirstRand (FSR)‚ repayable by August 31 2016.
Net debt amounted to R72.4m at the end of the current year compared to R87.9m in the prior year.