News: Integrated Research sees H1 profit growth

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Integrated Research Limited (ASX:IRI) expects to deliver profit growth in the first half of the 2015 financial year on the back of strong sales across all product lines.  

 

The software provider has forecast it will report a profit after tax of between $7 million to $8 million for the six month period to the end of December 2014. 

 

The final result will be announced to market on February 19 and is anticipated to represent growth from $4.5 million posted in the prior corresponding period. 

 

Integrated Research says the preliminary results were influenced by the falling Australian dollar but this positive impact was partially offset by forward exchange rate contracts. 

 

Integrated Research reported a net profit of $8.48 million in the 2014 financial year.