Dial Vita for growth

The telecommunications retailer has reported a strong full-year result, delivered a healthy dividend and retains a large franking balance.

The Vita Group (VTG) share price increased 22% to a high of $0.95, and then closed at $0.90 after the release of excellent full-year results on Friday.

The result was well above my expectations, with the company benefiting from an optimised portfolio focusing on Telstra retail stores and business centres.

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