Computershare report a 4.8% increase in revenue

Company News

by Rachael Jones

Computershare (ASX:CPU) release their financial results for the full year ending 30th June showing revenue increased 4.8 per cent to $2.4 billion.

EBITDA is up 10.2 per cent to $685.9 million.

Earnings were slightly ahead of guidance with improved contributions from all major business lines, margin income gains and a reduced tax rate.

Today they announced a new $200 million on market share buy-back and an 23 cents per share final dividend, up 9.5 per cent.

Shares in Computershares (ASX:CPU) closed 1.46 per cent higher at $15.27 yesterday.
 

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.