Hansen Technologies upgrades FY10 outlook

Hansen Technologies upgrades FY10 outlook

Smart metering and customer billing company Hansen Technologies (ASX:HSN) has upgraded its forecast for FY10, and is now expecting a 22% increase in post-tax profit.

The company estimated it would post profit of around $10 million, and ebitda of $17 million, on revenue in the range of $57 million.

“With an ebitda to revenue ration approaching 30%, operating performance is positioned at the high end of IT industry measurements,” Hansen CEO Andrew Hansen said.

The results will be announced in August.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags Guidancefinancial resultsHansen Technologies

Show Comments

Market Place