Premier Investments Ltd is in the interest rate rises and other factors reporting drops throughout the years following the year in profit in fiscal year 2010.
Premier, just jeans, Portmans and Peter Alexander clothing brands host holding company said its net profit for the whole year in 31 July was laid down 3.8% 79 63 million dollars.
The result was the last tutorial that was reduced to che challenging retail environment.
The company set up a fully franked final dividend of 28 cents per share, including the special dividend of 10 cents per share.
Despite Portmans is poor performance at the Premier said that the trade mark in question would benefit conversion.
It predicts the full-year earnings before interest, taxes and amortisation (EBITA) 2010/11 100 million dollar 110 million dollars.
Premier Chairman Solomon Lew said, just the Group's diverse Portfolio and strong brands, as well as the company was placed in the clothing sector for recovery.
The company said fiscal 2011 the company expected an improvement in the retail environment, continued cost management and progress of Portmans.
"Even if Premier is still cautious about the broader macroeconomic environment, only current trading expect groups" the Premier said.
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