STW Communications FY11 profit rises

Company News

STW Communications Group Limited (ASX:SGN) has posted a 5.8 per cent lift in statutory net profit and a 6.8 per cent rise in underlying profit for the full 2011 financial year. 
The marketing and communications company’s net profit came in at $40.9 million, defying soft conditions in the retail advertising sector.
In the same period revenue rose 6.1 per cent to $322.7 million.
Shares in STW Communications Group gained 3.74 per cent yesterday, closing at $0.97.
A fully franked final dividend of 5 cents per share has been declared.

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