Oroton FY profit lifts amid transformation

Company News

OrotonGroup Limited (ASX:ORL) has lifted its net profit by 16 per cent in the full 2014 financial year. 
 
The fashion brands retailer generated an annual net profit of $8.3 million as group revenue rose 26 per cent.  
 
CEO Mark Newman says the year gone was the beginning of a period of transformational investment for OrotonGroup. 
 
Mr Newman has also advised the company’s core Oroton brand performed strongly over the year with like-for-like sales growing 8 per cent. 
 
A fully franked final dividend of 8 cents per share has been declared, taking the full year payout to 16 cents per share. 

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