Hansen Technologies (ASX:HSN) lifts FY10 profit 37%

Hansen Technologies (ASX:HSN) lifts FY10 profit 37%

Billing system provider Hansen Technologies (ASX:HSN) has lifted its 2010 profit 37% to $11.1 million, on growing customer demand.

The company posted 6% higher operating revenue of $57.8 million, and 20% higher ebitda of $17.2 million.

Hansen CEO Andrew Hansen said the company benefited from the upheaval in its core markets.

“Our products are targeted at industries undergoing technological and structural change which we are ideally suited to support,” he said.

He added that the company is “ideally positioned for growth in the coming years.”

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

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags financial resultsbillingHansen TechnologiesAndrew HansenASX:HSN

Show Comments