Source - SMW
IBEX Global Solutions' revenues rose by 7.0% to $255.5 million in the year to the end of June.

Adjusted gross profit (excluding depreciation and amortisation) rose to $51.4 million (2015: $45.7 million) with adjusted gross profit margins rising to 20.1% (2015: 19.1%).

 Adjusted EBITDA increased to $17.9 million (2015: $16.6 million)with adjusted EBITDA margins rising to 7.0% (2015: 6.9%).

Profit before tax was $7.1 million (2015: $7.2 million).

Chairman Muhammad Ziaullah Khan Chishti said: "In his first full year as Chief Executive, Bob Dechant has made great progress in not only improving the financial performance of the company but also in establishing a platform for future continued success.

"IBEX has managed to diversify its geographical and industry operations and enhance margin contribution, whilst also driving revenue growth from both our existing client base and new client wins. As such, I believe we are well placed to deliver better than market revenue growth and achieve double-digit EBITDA margins."

At 9:26am: (LON:IBEX) Ibex Global Solutions share price was +3p at 83.5p

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Ibex Global Solutions (IBEX)

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