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27/02/2015

Vita Group reports another strong interim result

Vita Group Limited reported $25.7m earnings before interest, tax, depreciation and amortisation (EBITDA). In underlying terms, this represents an increase of 64% (2) over the first half year.

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ASX-listed provider of communications, electronics, and IT products and services Vita Group (ASX: VTG) today announced another strong result for the six months ended 31 December 2014.

The result reflected a continued strong performance in the Group’s retail business, growth in the business channel and continued productivity improvements.

The Group added six Telstra retail stores and three Telstra Business Centres (TBCs) during the period. As at 31 December, the Telstra network stood at 100 retail stores and 16 TBCs.

The Board declared a fully-franked interim dividend of 4.12 cents per share (cps), more than double the 1.91cps of the prior corresponding period. Following the special dividend of 3.00cps paid in December 2014, the Board has also declared a second special dividend of 3.00cps, fully franked, to accompany the interim dividend. Vita Group’s Dividend Reinvestment Plan (DRP) will be available in respect of both the interim and special dividends. 


Read the announcement here.
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Vita Group is a leading provider of brands that enhance people’s way of life. We are proven experts in delivering exceptional, personalised experiences and products that solve our customers’ current and future needs.

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