Troubled law firm Slater & Gordon Limited
(ASX:SGH) has offered investors some welcome news reporting a 5.6 per cent jump in full year net profit to $82.3 million.
The company saw revenue grow by 40 per cent to $623 million which was inline with guidance.
The company said it was assisting ASIC with its investigations into the firm’s accounting practices with some changes already adopted.
Managing Director Andrew Grech says he is happy to see business improvement efforts translating into improved client satisfaction.
Guidance for FY16 points towards a focus on operating effectiveness as the demands of recent acquisitions are behind them.
A final dividend of $0.055 will be paid, 40 per cent franked.
