Here's an Aussie industrial company that's turning out good results in difficult economic conditions.

Essentially an appliance rental outfit under the brand names Radio Rentals and Rentlo although they have branched out into debt collection and recovery and small consumer lending in recent years. These latter activities, operated through subsidiaries National Credit Management and CashFirst, respectively, still comprise only a small part of the total business. The company trades in NZ under the DTR brand which my contemporaries will remember as "Dominion TV Rentals".

NPAT in the latest half year to 30 Sept increased by 30% and an increased dividend was declared. At $1.70 the shares trade at an historic P/E of 9 and a divvy yield of 5.3%. Market Cap of $247m. Management are forecasting "substantial" growth in the current year which appears to be on track at this stage.

I've recently taken a small position so DYOR.

Footnote: When searching for references to "Thorn" on Sharetrader, the only link was to a brief thread in 2004 lamenting Brad Thorn's move back to the Brisbane Broncos. The last post was something along the lines of "Don't they make TV's?"
"They" did, of course, and interestingly, TGA announced recently that they intend to resurrect the brand for their TV rental business.