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Briscoe fends off margin squeeze as sales growth underpins profit gain

Retrieved on: 2018-03-11 10:03:45

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<div>Briscoe recognised an $18.8 million gain in the value of <b>equity securities</b>, although that wasn't included in the net profit, and received a $5.2 million dividend from its 19.8 percent stake in Kathmandu Holdings, which reports next week. The outdoor equipment chain's shares rose 3.1 percent to $2.35.</div>

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