Growth and change drive profit – A diverse group on a mission to be the best The four distinct businesses within the Group – from the ‘See you out there’ culture of Torpedo7, the ‘best prices at midday, every day’ on 1-day.co.nz, and the ‘fitness fanatics’ of No.1 Fitness to Shotgun Supplements – all add to the challenge and complexity of this business. Torpedo7 Group achieved sales of $149 million which was an increase of 13% on FY15 performance and was underpinned by the strong sales in both Torpedo7 and 1-day.co.nz. No.1 Fitness and Shotgun remain a challenge in some very competitive segments.

As the leading product daily deal site in New Zealand, 1-day.co.nz again grew during the period, achieving an increase of 13% growth in FY16 with a total trading revenue of $54 million. This performance is a reflection of the passion and the experience of our team in delivering ‘best products, best prices, every day at midday’ to our customers.