SAI Global Limited (ASX: SAI) Reports Strong Growth.Tokyo, Japan, Feb 16, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology 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. HIGHLIGHTS
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
Acquisitions - 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) HTM Hand To Mouth HTM harmful-to-minors HTM Held-to-Maturity HTM High Tide Mark HTM Hazlo tú mismo (Spanish: do it yourself) HTM Hierarchical Temporal Memory 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 Contact: Investor Relations and Media Inquiries Tom Godfrey - SAI Global TEL: +61 2 8206 6863 - +61 414 191 034 EMAIL: tom.godfrey@sai-global.com Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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