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Vita Group Ltd (VTG.AX)

VTG.AX on Australia Stock Exchange

13 Dec 2017
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$-0.01 (-0.73%)
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Latest Key Developments (Source: Significant Developments)

Vita Group ‍announces conditional agreement to acquire Clear Complexions​
Tuesday, 17 Oct 2017 05:23pm EDT 

Oct 18 (Reuters) - Vita Group Ltd :‍Announced a conditional agreement to acquire Clear Complexions​.Co to acquire Clear Complexions via asset purchase agreement for A$9.5 million, comprising A$8.5 million in cash and A$1 million in VTG shares​.‍Acquired business expected to deliver annual revenue of about $10 million, and EBITDA of over $1 million in year post acquisition​.  Full Article

Vita Group FY revenue from continuing operations $674.6 mln
Thursday, 17 Aug 2017 06:21pm EDT 

Aug 18 (Reuters) - Vita Group Ltd :FY revenue from continuing operations up 4.6 pct to $674.6 million.FY net profit attributable to members up 11.4 pct, to $39.4 million.Fully franked final dividend declared at 7.4 cents per share.  Full Article

Vita Group responds to Telstra remuneration reductions
Wednesday, 17 May 2017 01:02am EDT 

May 17 (Reuters) - Vita Group Ltd -:Vita group responds to Telstra remuneration reductions.From 1 July 2017, Telstra intends to reduce remuneration by approximately 10 per cent.Telstra also announced an intent to reduce remuneration by a further 10 per cent at start of each of FY19 and FY20."We are concerned about extent of these changes and are currently addressing these concerns with Telstra".  Full Article

Vita Group update on trading and commercial discussions with Telstra
Wednesday, 10 May 2017 08:28pm EDT 

May 11 (Reuters) - Vita Group Ltd :Expects to deliver a record ebitda result in FY17 within an estimated range of $63m-$66m.Vita and Telstra in discussions over future commercial terms.Until these discussions are concluded, Vita has suspended any plans to expand number of stores in its network.  Full Article

Vita Group expects softening of profitability in H2
Monday, 27 Feb 2017 05:16pm EST 

Vita Group Ltd :"There will likely be some softening of profitability on a per connection basis in second half of financial year".  Full Article

Vita Group says HY revenue from continuing operations $344.1 mln
Monday, 27 Feb 2017 05:13pm EST 

Vita Group Ltd : HY revenue from continuing operations rose 8 pct to $344.1 million . HY net profit attributable to members up 40 pct to $21.8 million .Interim dividend for 2017 has been declared at 9.20 cents per share.  Full Article