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Thorn thrives on uncertainty

Thorn Group, the company behind Radio Rentals, has posted a double-digit lift in full-year earnings and expects a substantial increase in profit in the new financial year.

Carrie LaFrenz
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Thorn Group , the Radio Rentals company, has posted a double-digit rise in full-year earnings and expects a substantial increase in profit in the new financial year.

The electrical appliance rental outlet and financial services company posted a 13 per cent gain in net profit to $22 million for the year ended March 31, in line with its upgraded guidance.

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    Original URL: https://www.afr.com/companies/thorn-thrives-on-uncertainty-20110525-ieo2s