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MySale sees profits at least in line with top end of market expectations

Tuesday, 10th July 2018
AIM-listed Australian online retailer MySale Group said it expected to report annual earnings at least in line with the top end of market expectations of A$11.8m (£6.6m).

The rise represented a significant year-on-year increase in profitability, driven by revenue growth of 10% to around A$295m, the company said.

Gross margin improvements had been supported by a planned increase in own-buy inventory, whilst the group's new international and local strategic partnerships continued to increase product range.

At 2:01pm: (LON:MYSL) Mysale Group Plc share price was +8.8p at 68.7p

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