Luxury retailer bags 10% profit rise

Oroton has warded off strong international competition and a sluggish retail sector to post a solid increase in full-year profits. The handbag and accessory retailer's profit jumped by 10.2 per cent to $27.5 million for fiscal 2013, up from $24.9 million. The group matched last year's final dividend of 28¢, fully franked.

Oroton has warded off strong international competition and a sluggish retail sector to post a solid increase in full-year profits. The handbag and accessory retailer's profit jumped by 10.2 per cent to $27.5 million for fiscal 2013, up from $24.9 million. The group matched last year's final dividend of 28¢, fully franked.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles