expects another 80pc rise in net profit

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    Sydney - Friday - September 29: (RWE Australian Business News) -
    VDM Group Ltd (ASX code: VMG) today said the 2007 financial year would
    be the first full year in which VDM would report as a listed company.
    In the year ended June 30 2006, VDM lifted net profit 80.6 per
    cent to $5.67 million from $3.14 million recorded in the 2005 year.
    VDM expects the net profit increase for 2007 will also be at
    least 80 per cent, resulting in record turnover and profit.
 
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