Margins are improving rapidly We reported Net Profit After Tax,...

Margins are improving rapidly

We reported Net Profit After Tax, including acquisition-related expenses incurred during the year, of $47.0 million, up 16% on FY15. Underlying Net Profit After Tax, which excludes these expenses and provides a more accurate comparison with the previous period, was $51.2 million, an increase of over 26% on the previous year. Margins at the Underlying Profit Before Tax level expanded further, to 34.9%. The results equate to a reported Earnings Per Share of 18.94 cents or underlying cash Earnings Per Share of 21.77 cents. That is up close to 30% on the prior year