Vocus Communications Limited (ASX:VOC) has seen its net profit climb 154 per cent to almost $13 million in fiscal 2014.
The telecommunications provider says revenue growth of 87 per cent from its fibre and ethernet systems helped drive the gains.
The company also saw a strong full year contribution from Ipera Communications which was acquired at the beginning of 2013.
CEO James Spenceley says the result is testament to the alignment of increasing demand for data coupled with cloud computing and increased IT outsourcing trends.
A final fully franked dividend of $0.01 per share will be paid bringing total dividends to $0.018 for the year.
