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itX Group (ASX:ITX) FY10 profit grows 6.5%

itX Group (ASX:ITX) FY10 profit grows 6.5%

IT software and hardware distributor itX Group (ASX:ITX) has reported a 6.5% increase in FY10 profit to $7.6 million, on growing sales.

Revenue grew 9.1% to $159.6 million. The company has announced a final dividend of 4.25 cents per share.

The company also benefited from declining depreciation, amortisation and other expenses.

Net cash flow grew to $9.6 million, from $7.2 million in 2009.

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Tags ICTitX GroupASX:ITXfinancial results

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