Link Administration see 68% rise in NPAT

Company News

by Rachael Jones

Administrator of financial ownership data Link Administration Holdings (ASX:LNK), has seen its statutory net profit after tax (NPAT) rise up 68 per cent to $143.2 million compared to the prior corresponding period.

Their reported revenue is $1,198.4 million that’s up 54 per cent on financial year 2017 results.

Operating EBITDA of $335.3 million, up 53 per cent on last year.

They are offering a final dividend of 13.5 cents per share declared fully franked, taking the full year dividend to 20.5 cents, up 46 per cent.

Shares in Link Administration Holdings (ASX:LNK) are trading 5.80 per cent higher to $8.03.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.