Data#3 FY10 profit grows 11% to $10.9m

Data#3 FY10 profit grows 11% to $10.9m

IT solutions provider Data#3 Limited (ASX:DTL) has reported an 11% increase in FY10 profit to $10.9 million.

Revenue grew 13% to $599 million, with 58.6% of this being contract revenue. Ebitda grew 12% to $15.3 million, and operating cash inflow grew 130% to $44.9 million.

The company has declared a FY10 dividend of 56 cents per share, representing a total shareholder return of 43%.

DTL shares are today trading 0.55% lower at $9.030.

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