IBA iba health group limited

Highlights• FY08 result ahead of EBITDA guidance• Underlying...

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    Highlights
    • FY08 result ahead of EBITDA guidance
    • Underlying earnings per share accretion
    • $463 million iSOFT acquisition and integration completed
    • Integration synergies in excess of $27 million from FY09
    • Revenue base transformed
    o Annualised group revenues - $472 million
    o Over 80% of group revenues are now sourced from operations outside of Australia and
    South East Asia.
    o Over 80% of FYO9 revenues are recurring, contracted or expected.
    • Global launch of LORENZO in FY09
    • Outlook guidance of 18% revenue growth on the annualised revenue base
    IBA Health Group has recorded revenues of $361 million, up 381% (FY07 $75 million), and an underlying
    EBITDA of $106 million, up 232% (FY07 $32 million), reflecting the eight-month contribution from iSOFT
    which was acquired in November 2007.
    The reported NPAT of $14.4 million includes significant items of $35 million (comprising amortisation of
    intangibles on acquisition, integration and one-off acquisition costs and impairment charges), making an
    underlying NPAT of $49 million, up 113% (FY07 $23 million) against FY07.
 
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Currently unlisted public company.

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