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MySale Group sees annual earnings at least at top end of market expectations

Monday, 5th March 2018
Online retailer MySale Group said it expected to post underlying earnings for the full year at least at the top end of market expectations, after it grew underlying earnings in the first half.

Pre-tax losses in the first half narrowed to A$100k, while underlying pre-tax profit more than tripled to A$2.3m.

Revenue increased 11% to around A$151.9m, while gross margin expansed by 2.0 percentage points 30.1%.

At 9:33am: (LON:MYSL) Mysale Group Plc share price was +3.5p at 113.25p

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