Earnings release
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JB HI - FI JB HI - FI LIMITED 60 CITY ROAD SOUTHBANK VIC 3006 ABN : 80 093 220 136 www.jbhifi.com.au COMPANY ANNOUNCEMENT 15 February 2021 JB Hi - Fi Limited Half Year 2021 Results HY21 Highlights Total sales up 23.7 % to $ 4.9b NPAT up 86.2 % to $ 317.7m EPS up 86.2 % to 276.5cps 4.9 3.7 3.8 4.0 2.6 152 160 171 125 318 HY17 HY18 HY19 Sales ( $ bn ) HY20 HY21 ( Pre AASB16 ) HY17 HY18 HY19 HY20 HY21 ( Post AASB16 ) NPAT ( $ m ) 132 139 148 116 277 HY17 HY18 HY19 HY20 HY21 Earnings per Share ( cents ) JB Hi - Fi Limited ( " Group " ) today reports for the 6 months ending 31 December 2020 : ■ Total sales up 23.7 % to $ 4.9 billion ; " Online sales up 161.7 % to $ 678.8 million ; " EBIT up 76.0 % to $ 462.8 million ; Net profit after tax ( NPAT ) up 86.2 % to $ 317.7 million ; EPS up 86.2 % to 276.5 cps ; and Interim dividend up 81.8 % to 180 cps . In addition to the strong financial metrics above , other highlights include : ■ Absolute commitment to the health , safety and wellbeing of team members and customers throughout Covid - 19 ; Continued investment in online and supply chain operations , including upgrades to the Group's websites and expanded delivery and warehouse options ; Following the launch of our Sustainability Plan in FY20 , the Group continued its focus on having a positive impact on its people , its community and its environment ; and $ 1.7m raised as part of workplace giving programs in the half , with JB HI - FI's Helping Hands program winning Workplace Giving Australia's 2020 Best Overall Program and Best Innovation awards . Group CEO , Richard Murray , said " We are pleased to report record sales and earnings for HY21 , in what has been an extraordinary period . Our continued focus on the customer , and investments in our online business and our supply chain , have enabled us to seamlessly meet our customers ' increased demand both in - store and online . " Richard added " I would like to thank our over 13,000 team members who have continued to do an incredible job and worked tirelessly throughout this period . As I have said before , our team members are our number one asset and our most important competitive advantage ; their dedication and deep product knowledge continues to delight our customers every day . " HY21 Trading Performance JB HI - FI Australia Total sales grew by 23.3 % to $ 3.36 billion , with comparable sales up 24.2 % . Sales momentum was strong through the half , with continued elevated customer demand for consumer electronics and home appliance 1 HY17 are underlying results which exclude transaction fees and implementation costs totalling $ 15.3m associated with the acquisition of The Good Guys in November 2016 . Page 1 of 3