Woolies keeps double-digit rise in sights

 In Australia, NewZealand, Woolworths
Woolworths boss Grant O’Brien is hoping for a ‘‘return to certainty’’ after the federal election that will give consumers the confidence to spend at his supermarkets, bottleshops and hardware stores.
Unveiling this morning that underlying net profit had risen 8 per cent to $2.35 billion for the 2012-13 financial year, Mr O’Brien said Woolworths had taken an important step forward in restoring the group to its historic profitability and that he was squarely focused on boosting earnings to at least 10 per cent growth year-on-year.  Sydney Morning Herald – Read more…

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