Business Services Industry
Brazin unveils growth strategy.(Brief Article)
Australasian Business Intelligence, March, 2005
Mar 15, 2005 (Ragtrader - ABIX via COMTEX)
Australian retail group Brazin posted a net profit after tax of $A17.3m in the half-year to 25 December 2004. The figure was an 89 per cent increase from the same period last year. Brazin's portfolio of brands include Sanity Entertainment, Virgin Entertainment, EzyDVD, BNT, Dusk and Youthworks. Its "aggressive store growth programs" pushed sales revenue for the period up 6.5 per cent, with the launch of 60 Virgin outlets in Myer and five BNT stores in New Zealand. CEO Greg Milne has announced a growth strategy for Brazin, through acquisitions, more store openings, and improvements to existing outlets.
Publication Date: 11 March 2005
BRAZIN LIMITED - ASX BRZ:
SANITY MUSIC STORES PTY LTD:...
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