IRESS posts solid result

22 February 2017
| By Mike Taylor |
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Financial services technology provider, IRESS has reported a seven per cent increase in statutory net profit to $59.5 million on the back of a solid eight per cent increase in operating revenue to $389.7 million.

The directors declared a final dividend of 28 cents per share, 60 per cent franked.

Commenting on the result, IRESS chief executive, Andrew Walsh said it reflected the company’s continued strategic and focused approach to service and growth.

He said the company was particularly pleased with strong performances in Australia, the UK and South Africa.

Walsh said the result positively reflected past investment.

“We are committed to ongoing investment and innovation to ensure the technology and product solutions we offer continue to lead the market in which we operate,” he said.

 

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