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Why Did Globe International’s Profit Slip Despite Strong Australian Performance?

9:27pm on Friday 29th of August, 2025 AEST Consumer Discretionary
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Why Did Globe International’s Profit Slip Despite Strong Australian Performance?

9:27pm on Friday 29th of August, 2025 AEST
Key Points
  • Revenue down 7.2% to $206.3 million due to planned brand discontinuations
  • EBIT declined 14.3% to $14.6 million with a 7.1% margin
  • NPAT decreased 14.6% to $9.8 million
  • Fully franked dividend of 20 cents per share declared, down from 22 cents
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