Bravura Solutions
(ASX:BVS) has reported a 27 per cent increase in net profit (NPAT) to $27 million for the 2018 full year.
The software solution company’s revenue lifted 15 per cent on the previous year to $222 million.
In more good news for the company, its earnings before interest and tax (EBITDA) lifted over 18 per cent on the prior year, to almost $39 million.
The company declared a final unfranked dividend of 4.5 cents.
Bravura says its seen robust demand from both existing and new clients resulting in strong revenue growth.
The market has reacted strongly to the results, shares in Bravura
(ASX:BVS) are trading 15 per cent higher to $4.14 following the announcement.
