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Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

per cent lift in net profit to $2.07 billion, impacted by low market growth in the first half and the restrictive lockdown in H2, and EBIT dropped 4.6 per cent, due to low foot traffic in CBD locations, however neighbourhood Metros performed strongly with 10 new stores opened during the year. per cent to $39.2