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HANSEN TECHNOLOGIES LIMITED — Earnings Release 2009
Jun 23, 2009
65073_rns_2009-06-23_cb2fd86d-874a-4c0b-93c2-a294106fb3db.pdf
Earnings Release
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ASX ANNOUNCEMENT
24 June 2009
Operating Results Outlook
Hansen Technologies Limited (ASX: HSN) is pleased to announce a forecast of its operating results for the full year to 30 June 2009, taking into consideration the acquisition of Peace Software in October 2008.
Andrew Hansen, CEO of Hansen Technologies says “The integration of the Peace Software acquisition has been achieved as scheduled.”
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Based on internal management accounts, Hansen expects the consolidated group operational result for the fiscal year ended 30 June 2009 to be in the range of:
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Operating revenue - $53 to $55 million
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EBITDA - $13.5 to $14.5 million
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After tax profit - $7.5 to $8.5 million
Andrew Hansen went on to say “The Peace acquisition has increased the number of utility customers served by our group, enhanced our market position in Australia, and added additional geographic diversity to our international operations.
Our company has absorbed the cost of the Peace Software acquisition, continued to deliver strong operational performance, and remained debt free. This is a solid platform from which to continue to pursue our dual strategy of organic growth and strategic acquisition”.
Further details regarding the Company’s performance for fiscal 2009 will be provided in August with the release of the full year’s Annual Report.
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ASX Announcement Operating Results Outlook Page 1
About Hansen Technologies – www.hsntech.com
The Hansen Technologies Group (ASX: HSN) is the leading independent provider of utility billing, customer care, and smart metering solutions worldwide. Hansen Technologies’ unique approach to best-fit solutions leverages the Metering Business System, Peace® CIS, and HUB CIS platforms to develop, deliver and support high-value solutions for clients in 40 markets worldwide. In addition to solutions for the electricity, gas, water and telecommunications sectors, Hansen Technologies also offers outsourcing and facilities management services from its purpose built facilities in Melbourne. Hansen also supports the Classic Superannuation administration solution.
Founded in 1971, Hansen has offices in Australia, USA, New Zealand and the United Kingdom.
For further information on this statement contact:
Mr Andrew Hansen Grant Lister Managing Director Chief Financial Officer Hansen Technologies Limited Hansen Technologies Limited (613) 9840 3000 (613) 9840 3000
ASX Announcement Operating Results Outlook Page 2