Vita’s looking vital

Vita Group announced on Thursday morning that it expected to achieve earnings before interest, tax, depreciation and amortisation of $6.6 million for the first half of 2011-12. This is a substantial increase on the previous corresponding period when it achieved normalised earnings of $4.3 million.

However, the distributor of phone services that has a substantial retail network has stuck to its full-year guidance. That indicates that earnings before interest, tax, depreciation and amortisation will be between $15 million and $18 million.