VITA GRP LTD 27 October 2021
Market Announcements Office
Australian Securities Exchange
4th Floor, 20 Bridge Street
SYDNEY NSW 2000
ELECTRONIC LODGEMENT
Dear Sir or Madam
Vita Group Limited - 2021 Annual Report
In accordance with the Listing Rules, please find attached Vita Group's 2021 Annual Report for release to the market.
Authorised for lodgement by Vita Group's Board of Directors.
Yours sincerely
George Southgate
Chief Legal & Risk Officer | Group Company Secretary
Vita Group Limited
ANNUAL REPORT
Financial Year
2021
Vita Group
Contents | |
Vita Group: Continued evolution.................................................................................................................. | 1 |
FY21 Overview ..................................................................................................................................................... | 2 |
Chairman & CEO Review................................................................................................................................ | 3 |
Underpinning group success factors ....................................................................................................... | 5 |
Our businesses: Artisan Aesthetic Clinics.............................................................................................. | 7 |
Our businesses: Information and Communication Technology.................................................. | 9 |
Our businesses: Sprout ................................................................................................................................... | 9 |
Our role in our community .......................................................................................................................... | 10 |
Vita Group Annual Report FY21 | Page i |
Vita Group
Vita Group: Continued evolution
Vita Group has consciously evolved and adapted over the years with the view to creating diversity of revenue streams, ensuring we remain successful and importantly, relevant. Never before has there been more evidence of the need to do so than the unique events and subsequent challenges that have occurred throughout FY21. In creating additional opportunities and staying firm to our core competencies of retailing, Vita has been able to support the needs of our many and varied communities, from team members and customers, through to shareholders and partners.
Having managed the various COVID-19 impacts, including localised lockdowns, state legislative requirements, social distancing requirements, and ensuring team and customer safety, we were also faced with the announcement from Telstra regarding the corporatisation of the Telstra branded network. The team swiftly entered into sale negotiations and engaged independent experts to ensure we were setting the business up for FY22 and delivering value for all of our stakeholders - current and future.
Vita has a clear strategy for its new operational brand, Artisan and the small yet very talented team, combined with the work undertaken during FY21, places us in a position to continue the development of our premium brand and portfolio in what is a very exciting growth category.
Our industries and brands in FY21
At the end of the FY21, Vita owned and operated:
Artisan Aesthetic Clinics
A portfolio of 20 aesthetics clinics in the premium end of the skin-health and wellness category.
Information and Communication Technology
104 Telstra retail stores, 1 Telstra Business Technology Centre, and Vita's Sprout accessories brand.
Vita Group Annual Report FY21 | Page 1 |
Vita Group
FY21 Overview
During an unprecedented pandemic period, Vita delivered $633.5 million in revenues, $50.3 million in earnings before interest, depreciation and amortisation1 , $40.3 million in EBIT2 and $26.3 million in NPAT3; and paid fully-franked dividends of 8.0 cents per share to shareholders.
- Earnings before interest, tax, depreciation and amortisation, pre-AASB 16, includes JobKeeper subsidy and non-recurring items
- Earnings before interest and tax, includes JobKeeper subsidy and non-recurring items
- Net profit after tax, includes JobKeeper subsidy and non-recurring items
Vita Group Annual Report FY21 | Page 2 |
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Vita Group Limited published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 23:17:06 UTC.
