At the start of the year the 'Power Eagle' Target was 64,800 units for 2014 (see 31/01/2014 ASX announcement). It appears as though 'Power Eagle' sales were at least 15,000 below those expectations ?
Sales at VMT owned stores are still growing (up 19% on the Dec13 qtr) and it is good to see the higher margins.
One-off write-offs/expenses appear to wipe out most of this years profit.
Ann: Appendix 4C - quarterly, page-2
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