Specialty Fashion swings to profit

Retailer is cautious about future growth, warns on low consumer confidence.

Specialty Fashion Group (SFH) remains cautious about future growth given low consumer confidence, despite swinging to a full-year profit in fiscal 2013.

The group's full-year profit attributable to members was $13 million in the year, compared with a loss of $2.8 million in the prior year.

Analysts were predicting full-year profit to be around $14 million for 2012-13.

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Staff Reporter

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