Question: GWE in store retail is considering closing stores to save a further 20% next year. Given current figures, how many stores would you expect GWE

GWE in store retail is considering closing stores to save a further 20% next year. Given current figures, how many stores would you expect GWE to close?

GWE Profit and Loss for (Year 1) Australia in-store (53 stores) Asia Online (Excludes Australia) Australia online Europe Onli

GWE Profit and Loss for (Year 2) Australia in-store (42 stores) Asis Online (Excludes Australia) Australia online Europe Onli

GWE Retail: Australia In-store sales (Years 1 and 2) 6.0 5.0 4.6 4.6 4.0 3.6 3.4 Sales (Emillion) 3.0 3.2 3.1 3.1 3.1 2.6 2.0

Our global business has seen an increase in profits this year compared to last. This has been the biggest year on year increa

Revenue across all aspects of the Australia online business has increased. This is down to successful migration of in-store c

GWE Profit and Loss for (Year 1) Asia Australia Online (Excludes Australia) in-store Australia Europe USA (53 stores) online Online Online Group Sales GWE Retail 45.9 28.7 55.9 31.6 31.8 GWE Financial 43.1 18.6 126.4 74.3 Revenue 45.9 71.8 74.6 158.0 106.1 Group Expenses Operating Expenses 12.8 25.1 32.8 50.6 33.9 Profit before tax 33.1 46.7 41.8 107.4 72.2

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