Computershare Limited
(ASX:CPU) will take a write-down of about $US40 million following a review of its non-core and non-strategic assets.
The software provider says the write-downs are due to the sale of some businesses and the closure of its digital post joint venture with Zumbox.
Incoming CEO Stuart Irving says the company has been focussed on its prioritised clean up aspirations over the past twelve months.
Computershare expects fiscal 2014 management earnings per share to grow between 5 per cent and 10 per cent from the prior year.
Computershare reported a net profit of $158 million in the first half of the 2014 financial year.
