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DWS expects to benefit from ongoing recovery

DWS expects to benefit from ongoing recovery

IT services provider DWS Advanced Business Solutions (ASX:DWS) expects to benefit from the improvement of conditions in its core markets in FY11.

In a letter to shareholders, managing director Danny Wallis said the company is well positioned to leverage the improved conditions “to build an even stronger, healthier and far more successful organisation.”

The company expects to benefit from further Federal Government contracts through its subsidiary DWS ACT, and believes its other regional subsidiaries are primed for growth.

DWS earned a profit of $18.5 million in FY10, a 16% improvement from FY09.

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Tags Guidanceeconomic recoveryit servicesASX:DWSDanny WallisDWS Advanced Business Services

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