Data#3 has reported a 37 percent jump in full year net profit to $15 million on revenues of $697.8 million.
Chairman Richard Anderson attributed the result in part to Data #3's investment in internal systems helped to lift operational efficiency and improve margins.
However, the results failed to impress investors as shares lost 24 cents yesterday to close at $12.91.
Managing director John Grant said the company had partnered with a number of global IT providers to develop solutions for the Australian market which were supported by better customer service, more engaged staff and a national footprint.
“In an environment where business confidence saw some improvement but trading conditions were still difficult, our strategy has ensured Data#3 was able to achieve another record set of results, its seventh straight year, with growth across all our geographic regions and in all our areas of specialisation,” Grant said.
Data#3 declared a final fully franked dividend of 39 cents a share, bringing total dividends for FY11 to 77 cents a share fully franked, an increase of 37.5 percent over the previos year.
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