SAI Global Limited (ASX: SAI) Reports Strong Growth.Tokyo, Japan, Feb 16, 2006 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) Newswire) - SAI Global Limited (ASX ASX
See: Australian Stock Exchange : SAI) today announced a 33.3% increase in revenues for the six- month period ended on 31 December 2005. Total revenues were $68.9 million, up from $51.7 million in the corresponding period.
Earnings before interest, tax, depreciation and amortisation (EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become ) increased by 40.7% to $12.8 million, up from $9.1 million in the corresponding period. EBITDA margins expanded to 18.6%, up from 17.6% a year ago.
As a result of this solid performance, the directors have declared an interim fully franked dividend of 5.0 cents per share Cents per share
The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , up 19% on the interim dividend for 2004 of 4.2 cents.
Adjusted net profit after tax, which is a proxy measure of the group's cash earnings, was $8.8 million, up 48.1% over the $5.9 million achieved in the corresponding period.
Based on Australian equivalents to International Financial Reporting Standards International Financial Reporting Standards (IFRS) are standards and interpretations adopted by the International Accounting Standards Board (IASB).
Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). (AIFRS AIFRS Australian International Financial Reporting Standards ), net profit after tax was $5.9 million, representing an increase of 14.8% over the first half result of $5.1 million in the corresponding period. Earnings per share were up 7.8% to 5.5 cents per share from the first half last year of 5.1 cents. Adjusted earnings per share were up 39.0% to 8.2 cents per share from 5.9 cents.
Revenue $68.9 million Up 33.3% on 2004 EBITDA $12.8 million Up 40.7% on 2004 Net Profit After Tax $5.9 million Up 14.8% on 2004 Adjusted NPAT $8.8 million Up 48.1% on 2004 EPS 5.5 cents per share Up 7.8% on 2004 Adjusted EPS 8.2 cents per share Up 39.0% on 2004 Fully Franked Dividend 5.0 cents per share Up 19% from 4.2 cents in corresponding period Net Operating Cash $7.7 million Up from $6.8 million last year Inflow
- During the period SAI Global made two acquisitions, Anstat, a publishing & compliance business in Australia and EFSIS EFSIS European Food Safety Inspection Service
EFSIS East Florida Shelf Information System (University of Miami) , an Assurance business with operations across Europe.
Outlook for the Full Year 2005
Going forward ongoing solid demand for SAI Global's products and services around the world is expected, with revenue and profit growth to continue. Organic growth for core products will remain around 4-6% and more acquisitions are also likely as the industry continues to rationalise.
For the full version of this media release, please access the following link
http://www.saiglobal.com/NEWSROOM/ASX%20ANNOUNCEMENT/2006-02-16/2006-02-16.HTM HTM HyperText Markup (file extension)
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About SAI GLOBAL LIMITED
SAI Global Pty Ltd is one of the world's leading business publishing, compliance, training and assurance organisations with offices in Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Europe, North America, and across Asia. Through its extensive e-capabilities and its network of auditors, experts and training professionals SAI Global works with organisations to help them build better businesses. For more information, please visit http://www.saiglobal.com.
Source: SAI GLOBAL LIMITED
Investor Relations and Media Inquiries Tom Godfrey - SAI Global TEL: +61 2 8206 6863 - +61 414 191 034 EMAIL: email@example.com
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