CIMdata PLM Industry Summary Online Archive
22 May 2007
Financial News
AVEVA Announces Record Results Year End 31st March 2007
AVEVA Group plc announced its audited results for the year ended 31 March 2007.
Highlights
• Another record year of revenue, profit and cash growth
• Revenues up 44% to £94.9 million (2006: £65.9 million)
• Recurring revenues up 29% at £52.7 million (2006: £40.9 million)
• Adjusted profit before tax, amortisation, share-based payments and goodwill adjustment up 104% to £28.1 million (2006: £13.8 million)
• Adjusted earnings per share up 96% to 31.71p (2006: 16.15p)
• Profit before tax £24.7 million (2006: £11.2 million)
• Basic earnings per share up 119% to 26.59p (2006: 12.14p)
• Strong cash flow with net cash at the year end of £41.3 million (2006: £23.5 million)
• Increased final dividend of 2.94p (2006: 1.73p) bringing the full year dividend to 4.18p (2006: 2.46p) - an increase of 70%
• Investment in Research and Development increased 27% to £17.6 million (2006: £13.9 million)
Nick Prest, Chairman, commented:
"AVEVA's people and solutions are world class and represent a highly focused and truly global organisation. The marine, oil and gas and power markets in which we operate look set to remain strong, with demand in some areas driving order books to an all time high. With such momentum in the Company and the markets which we serve the Board believes that the outlook remains very positive."
For full information Download Results (pdf)
Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.
Tell us what you think of the CIMdata Newsletter. Send your feedback.
CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.