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HANSEN TECHNOLOGIES LIMITED Earnings Release 2010

Aug 22, 2010

65073_rns_2010-08-22_ed1a7585-3cec-4fb3-8547-344dd52b46b6.pdf

Earnings Release

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NEWS RELEASE

August 23[rd] , 2010

Hansen Technologies Group ABN 90 090 996 455 2 Frederick Street, Doncaster, VIC 3108 Australia

[email protected] www.hsntech.com

Continued strong operational performance and a 3 cent per share fully franked final dividend

Hansen Technologies Limited (ASX: HSN) announces confirmation of a record operating performance for the fiscal year ended 30 June 2010.

  • The Directors are also pleased to declare a final dividend for the fiscal year; o of 3 cents per share fully franked,

    • bringing the total fully franked dividend for the year to 5 cents per share.

    • the final dividend is scheduled for payment on 27 September 2010 with a Record date of Friday 10 September 2010.

    • For the purpose of the Company’s Dividend Reinvestment Plan the share application price for this dividend will be subject to a 5% discount.

Hansen’s Chief Executive, Andrew Hansen said, “I am pleased to be announcing our 4[th] year of consecutive year on year growth in operational performance. The strong performance of the first half year has continued throughout the second half, with the full year’s results highlighted by;

  • Operating revenue of $57.8 million, up 6%

  • Earnings before interest, tax, depreciation and amortisation (EBITDA)

    • $17.2 million, an increase of 20%.

    • representing a return on revenue of 30%

  • After Tax Profit of $11.1 million or 7.2 cents per share.

With an EBITDA to revenue ratio of 30%, we are positioned at the high end of operating performance for an IT business. Our products are targeted at industries undergoing technological and structural change which we are ideally suited to support. We have an excellent customer base with strong annuity revenue streams. Our balance sheet is strong with a solid level of cash reserves.

This past year we have made strategic investments in our future:

  • We have invested substantially in improving our internal processes to deliver both short and long term efficiencies in our software development and support activities

  • Increased our sales and marketing commitment in both the Energy and Telecommunications industries in our core geographies as well as investing in new geographies to generate partnering opportunities.

  • Enhanced our products and services to deliver the solution requirements of billing systems arising from the development in energy metering technology and energy grid optimisation initiatives.

News Release Continued strong operational performance and 3 cent per share fully franked final dividend Page 1

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  • Completed the full integration of the Peace Software business acquired in October 2008 while optimising the Hansen and Peace Software development methodologies.

  • Advanced our relationships with key existing customers world-wide resulting in a number of major new projects being undertaken

Accordingly in my opinion we are ideally positioned for growth in the coming years. I am genuinely excited about our company’s prospects”.

Key Indicators: Results from ContinuingOperations for the year to 30 June 2010$A million 2009$A million
Total revenue 57.8 54.3
EBITDA 17.2 14.3
Profit before tax 14.0 10.9
Income tax expense (2.9) (2.8)
Net profit after tax 11.1 8.1

NOTE: Shareholders wishing to participate in the Dividend Reinvestment Plan need to have lodged the required DRP Notice with the Company’s Share Registry by no later than 5.00pm on the record date, 10 September 2010.

About Hansen Technologies – www.hsntech.com

The Hansen Technologies Group operates world wide as a leading provider of utility billing, customer care, meter data management and smart metering solutions for the electricity, gas, water and telecommunications sectors. Our proprietary software suite, incorporating the Peace and HUB solution platforms, is backed by Hansen's specialist industry experience, proven implementation track record and flexible engagement model. Hansen also offers outsourcing and facilities management services from its purpose built facilities in Melbourne and supports the “Classic” Superannuation administration solution.

Founded in 1971, Hansen has offices in Australia, USA, New Zealand and the United Kingdom.

For further information contact:

Mr Andrew Hansen Grant Lister Managing Director Chief Financial Officer Hansen Technologies Limited Hansen Technologies Limited (613) 9840 3000 (613) 9840 3000

News Release

Continued strong operational performance and 3 cent per share fully franked final dividend

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