Source - SMW
iEnergizer's revenues rose by 6% to $76.0m in the six months to the end of September.

  EBITDA rose by 6% to $17.4m with margins maintained at 23%.

 Operating profit increased by 9.1% to $15.0m  and operating profit margins rose to 19.8% (H1 2017: 19.3%).

Pre-tax profits were up 19% at $12.1m and margins increased to 15.9% (H1 2017: 14.2%).

Chairman Marc Vassanelli said: 'As the growth in revenue and profits demonstrates, whilst at the same time maintaining our focus on cost efficiencies, we are seeing real progress across the Company, and are pleased to report iEnergizer's continued strong performance in the first half of this financial year.

'This reflects our continued focus on recurring revenue streams from business critical processes, new product launches in the Content division and long term customer relationships with both existing and new customers, as well as the highly valued ongoing hard work and dedication of colleagues across iEnergizer.

'The company's healthy cash position, together with its cash generative business model, puts us in a strong position to invest in both organic and inorganic growth opportunities in the periods ahead.

'We expect current market trends to continue through the second half of the year and look forward to the remainder of the year with confidence.'  






At 9:43am: (LON:IBPO) iEnergizer Ltd share price was 0p at 45p



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