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Mark Stirton: Warehouse Group CEO on the Warehouse Group posting a $11.2 million net profit

The Warehouse Group has turned their luck around after the most recent downturn.

It's confirmed an annual net profit of $11.2 million - a far cry from last year's $2.8 million net loss.

Noel Leeming made a 21.8 million profit, and Warehouse Stationary made 15.9 million.

Warehouse Group CEO Mark Stirton says these smaller companies allowed the brand to do the work on the main Warehouse chain - which also had an improved fourth quarter.

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