Solid result from DTL.
Does anyone know if the growth they are quoting in the presentation excludes the one-off reversal of the $1.1mil deferred acquisition consideration?
Would have thought if they left this in it inaccurately inflates the growth figures.
The Business Aspect acquisition doesn't seem to be tracking as planned. I'm glad DTL has been very reluctant to make acquisitions in the past, because it's very easy for these to have integration problems and destroy shareholder value. Thankfully this acquisition was for an immaterial amount (in terms of the enterprise value) so it's not a massive deal if it doesn't quite work out.
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Ann: DTL continues strong growth with profit up 30%-DTL.AX, page-9
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$7.73 |
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