ebit up 131pc to 32mill:::eps up 44pc

The financial results for the full year ended 30 June 2008, compared to the previous corresponding period (pcp) as reported, demonstrate the following highlights:

- Gross billings of $1,175.2 million, up $914.2 million or 350% on pcp, or on a proforma basis1, up $224.2 million or 24% on pcp;

- Total Revenues of $190.8 million, up 131% on pcp, or on a proforma basis1, up $60.1 million or 46% on pcp;

- Normalised Operating EBIT2 of $32.3 million, up $18.3 million or 131% on pcp, or on a proforma basis1, up $8.9 million or 38% on pcp;

- Gross operating profit margin of 50%, up from 37% in the pcp;

- Profit after tax from ordinary activities (pre acquisition intangibles amortisation) of $19.5 million, up $10.1 million or 106% on the pcp;

- Reported net profit after tax of $18.2 million, up 102% on pcp;

- Cash surplus at period end (net of debt) of $13.3 million;

- Operating cash flow (pre income taxes and borrowing costs paid) of $37.1 million, up $3.2 million or 10% on the pcp;

- Basic and diluted earnings per share of 6.5 cents per share, up 2.0 cents per share or 44% on pcp; and

- Final dividend of 2.1 cents per share, fully franked, resulting in a full year dividend of 3.9 cents per share, up 1.9 cents per share or 95% on pcp.

Regards.