UPDATE 2-Sales, store upgrades buoy Australian Repco's H1

Newswire

(Adds comment from briefing) By Ang Bee Lin MELBOURNE, Feb 18 (Reuters) - Newly listed Repco Ltd , Australia and New Zealand's largest automotive parts retailer, posted a 29 percent rise in half-year profit before one-off items on Wednesday, buoyed by store upgrades and new products. The company, whose Repco brand is well known to car enthusiasts in the region, also said it expected to meet its fiscal 2004 net profit forecast of A$26.4 million ($14.6 million) as it continued its push ...

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