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Woolworths Holdings annual profit up 5.3% as online sales lift

Woolworths Holdings reported full-year headline earnings up 5.3%, helped by strong online sales in its food division that offset slower sales growth and higher costs tied to the Middle East conflict.

WHL

South African retailer Woolworths Holdings JSE:WHL reported a 5.3% rise in full-year headline earnings on Wednesday as strong online sales in its food division helped counter slower sales growth and higher costs due to the Middle East conflict.The headline earnings per share (HEPS), a key profit me…