Dick Smith boosts sales growth

Company News


Dick Smith Holdings Limited (ASX:DSH) has reported a 3.1 per cent increase in net profit to $43.3 million in the full year to 30 June. 
 
The electronics retailer’s total sales were up 7.5 per cent to $1.32 billion compared to $1.23 billion in the same period last year.
 
Dick Smith has forecasted a net profit of between $45 million and $48 million for 2016.
 
Online sales formed more than 8 per cent of total retail sales, double that of last period. 
 
The company declared a final dividend of 5 cents per share, taking the total dividend to 12 cents. 

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