Original article by Leo Shanahan
The Australian – Page: 20 : 27-Aug-14
RCG Corporation has announced a 2013-14 full-year net profit increase of 11.2% to $A11.8m, on revenue that also rose 3% to reach $A210m. The RCG Brands division recorded an EBITDA lift of 37% to $A6.9m, while for the overall group the figure was up 12% at $A16.8m. The final distribution is $A0.025 fully-franked. CEO Hilton Brett says the owner of the Athlete’s Foot retailing chain is still experiencing subdued consumer sentiment due to the Australian Government’s May 2014 Budget
CORPORATES
RCG CORPORATION LIMITED – ASX RCG, RCG BRANDS PTY LTD, THE ATHLETE’S FOOT AUSTRALIA PTY LTD, MERRELL SHOES