The group said the health benefit levy imposed by the Victorian government had "significantly impacted" its profit for the year. Revenue fell 7. 9 per cent to $2. 868 billion, compared with $3. 116bn in 2013.
Gambling company Tatts Group says it is well positioned for a successful year ahead due to a lift in wagering revenue in the past few months, despite posting a decline in profit for fiscal 2014.
Net profit attributable to members missed analyst expectations, falling 19 per cent to $200. 42 million in fiscal 2014 compared with $247. 34m profit in the previous year.
Read more here: Business Spectator