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AUSTRALIA'S DAVID JONES CONFIDENT OF PROFIT, DIVIDEND GROWTH.
SYDNEY, Dec 1 Asia Pulse - Retailer David Jones Ltd (ASX:DJS) says it is confident the programs it has implemented over the past 12 months will deliver profit and dividend growth over the next two years.
David Jones chairman Robert Savage told shareholders at the company's annual general meeting that the group has many long term opportunities available which will deliver growth in shareholder value and dividends.
"We are confident that the programs implemented over the past 12 months will continue to deliver profit and dividend growth for shareholders in fiscal 2007 and fiscal 2008," Mr Savage told shareholders.
"We believe our company has many long-term opportunities available to it and a very bright future, enabling it to continue to deliver growth in shareholder value and dividends."
Mr Savage also said the retailer was reviewing opportunities and strategy for the period from fiscal 2009 to fiscal 2012 and would update the market in mid-2007.
Chief executive Mark McInnes said the outlook was positive with economic forecaster Access Economics predicting a mild strengthening in retail spending for fiscal 2007.
Mr McInnes said strong ...
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...2008 financial year. David Jones today posted a 35 per...US182.02 million). David Jones chief executive Mark...to deliver PAT and dividend growth for shareholders throughout...announced in August, David Jones sales revenue grew...
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...profit in fiscal 2010. David Jones shares were down 22...would be an upturn and David Jones was well positioned...deliver profit and dividend growth despite the most difficult...strong business model. David Jones declared a fully franked...
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...SYDNEY, Feb 22 Asia Pulse - David Jones Ltd (ASX:DJS) today increased...per cent gain. Last year, David Jones reported a first half profit...said. But Mr McInnes said David Jones was confident it would be...the target range as well as dividend growth in 2006/07 and ...