Business
ASX 200 rises 0.7% on Friday 8 January 2021
The S&P/ASX 200 Index (ASX: XJO) went up by around 0.7% to 6,758 points.
Here are some of the highlights from the ASX today:
Shoe store business Accent Group released an update for the first half of FY21. The Accent share price went up around 3% today in response.
The company said that its FY21 first half earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to be in the range of $95 million and $98 million, before AASB 16. This will represent growth of 40% to 45% compared to the prior corresponding period. Earnings before interest and tax (EBIT) growth is expected to be similar.
Management said that the first half result was driven by a number of different factors.
Sales were stronger than expected in…
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