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Wotif full-year profit slips

Online group confident of improvement in year ahead despite 'problematic' retail conditions.
By · 28 Aug 2013
By ·
28 Aug 2013
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Wotif.com Holdings (WTF) says it is positioned to improve its overall business and financial performance in the year ahead after posting a slight fall in fiscal 2013 profit, despite the "problematic" Australian retail environment.

In the year to June 30, net profit was $51.03 million, a 12% decline on the $58 million recorded in 2012.

In the same period revenue crept 0.9% higher to $146.65 million, from $145.31 million in the previous year.

Wotif will pay a full-franked final dividend of 11.5 cents.

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