Full year dividends increase 9% to 50 cents on the back of 8% growth in earnings per share
BRISBANE, Monday 24 August 2009. Data#3 Limited [ASX: DTL], a national information and communications technology (ICT) company, today announced another best ever result with a record net profit after tax of $9.8 million for the year ended 30 June 2009, an 8% increase over the 2008 financial year.
Data#3 recorded a 46% increase in total revenue to $530.5 million, and earnings per share increased 8% to 63.76 cents.
The Board has declared a final dividend of 30.0 cents per share to bring total dividends for the year to 50.0 cents per share, an increase of 9% over the previous year. The dividend will be paid on 30 September 2009.
“In the face of very difficult business conditions our strategy for organic growth continues to be well executed by the management team,” Chairman Richard Anderson commented. “We saw the first full year positive contribution from the people who joined us from Commander in February 2008 and in particularly difficult market conditions for contracting and recruitment markets we experienced a disappointing but understandable performance from Fingerprint Consulting acquired in January 2008” he said.
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