CSG announces 2009 yearly results

Tuesday, 18 August 2009

CSG has announced its results for the year ending 30 June 2009. Highlights include a 48% increase in revenue to $197.3 million and a 24% increase in net profit after tax to $23.2million.

Earnings per share were 13.3 cps, up 21%, and a dividend of 2.5cps was declared for the second half, bringing the full-year dividend to 4.5cps.

CSG Managing Director Denis Mackenzie commented that he was extremely pleased with the results, particularly as they came in a period of extremely tough trading conditions. “I’m extremely proud of the way the company has performed this year. I believe it’s outstanding, and a credit to the great staff at CSG, that we’ve been able to grow EPS by 22% in a year that has seen many of our competitors struggle".

Full ASX announcement and interim finanical report