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Colorado profit spurs expansion plans.(Colorado Group (Australia))(Brief Article)

Australasian Business Intelligence, March, 2005 by Wisenthal, Stephen

Mar 17, 2005 (The Australian Financial Review - ABIX via COMTEX)

Australian clothing and footwear retailer Colorado Group lifted profit by 54 in the year to 29 January 2005. The $A44.2 million result came despite disruptions to business caused by a changeover in the group's computer systems. The previous year's net profit came in at $A28.8 million. Colorado's MD Rowan Webb says the group is well-placed to get aggressive on acquisitions to grow the chain further. He expects growth of at least 10 in the year to January 2006.

Publication Date: 18 March 2005

COLORADO GROUP LIMITED - ASX CDO: 

JENKINS INVESTMENT MANAGEMENT PTY LTD

By Stephen Wisenthal

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