I initially thought that that were a bit stingey on the dividend increase compared to the increase in EPS, however I see that a lot of the FY18 cash flow has been sucked up with deferred acquisition payments. We might see a catch up increase in dividend in FY19.
The expansion and breadth of business growth across major govt and university clients outlined in the presentation is mighty impressive.
Gosouth
CGL Price at posting:
$7.24 Sentiment: None Disclosure: Held
