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AAP
AAP
Derek Rose

THE TRUTH ABOUT: Higher interest rates clip endeavour group profit | History Defined

Net profit for BWS owner Endeavour Group was down 3.6 per cent to $351 million. (Albert Perez/AAP PHOTOS)

Alcohol retailer Endeavour Group says sales were up in the first half but so was its cost of borrowing, resulting in a lower net profit.

The owner of the Dan Murphy's and BWS brands of bottle shops and 353 pubs across the country said it had $6.7 billion in sales for the 27 weeks to December 31, up 2.5 per cent from a similar period a year ago.

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