AI assistant
COMPUTERSHARE LIMITED. — Capital/Financing Update 2006
Nov 14, 2006
64696_rns_2006-11-14_84fbe379-35ed-4e6a-b239-be62dca889de.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Computershare
Corporate
Computersbare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Australia Facsimile 61 3 9473 2500 Canada www.computershare.com Channel Islands
MARKET ANNOUNCEMENT
Wednesday, 15 November 2006
UPGRADE TO FINANCIAL YEAR 2007 EARNINGS FORECAST
Computershare Limited (ASX:CPU) has today announced an upgrade to its earnings forecast for FY2007.
The Group has experienced very favourable trading conditions for the first four months of FY2007. underpinned by continued strong global merger & acquisition activity and higher northern hemisphere interest rates when compared to the same period last year. As a result, the period July to October, which in the past has represented the low part of the earnings cycle, produced approximately double the earnings recorded for the same period in the prior year.
Whilst management remain committed to the long term target of Management Earnings per Share growth of around 20% per annum, current conditions suggest that Management Earnings per Share arowth of greater than 35% can be expected for Financial Year 2007. This upgrade assumes equity. interest rate and FX market conditions remain at current levels.
For Investor Relations contact:
Mr Darren Murphy Head of Treasury and Investor Relations Computershare Limited +61-3-9415-5102 [email protected]
About Computershare Limited (CPU)
Computershare (ASX:CPU) is a global leader in share registration, employee equity plans, proxy solicitation and other specialised financial and communication services. Many of the world's largest companies employ our innovative solutions to maximise the value of their relationships with investors. employees, customers and members.
Computershare has approximately 10,000 employees across the world and serves 14,000 corporations and 100 million shareholders and employee accounts in 17 countries across five continents.
For more information, visit www.computershare.com
Germany Hong Kong India Ireland New Zealand Philippines Russia Singapore South Africa United Kingdom USA