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Woolworths’ $710M Payroll Provision Hits Profit Despite Revenue Growth
10:02am on Wednesday 25th of February, 2026 AEDT
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Woolworths’ $710M Payroll Provision Hits Profit Despite Revenue Growth
10:02am on Wednesday 25th of February, 2026 AEDT
Key Points
Revenue rises 3.4% to $37.1 billion
Profit before significant items drops 49.4% to $374 million
$710 million provision for payroll remediation impacts results
Interim dividend increased to 45 cents per share, fully franked
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