Sorry, posted same info on general thread my mistake.Sydney -...

Sorry, posted same info on general thread my mistake.

Sydney - Wednesday - July 19: (RWE Australian Business News) -
IWL Ltd (ASX code: IWL) today announced a review of unaudited management
accounts had confirmed the results for the 12 months ended June 30 would
substantially exceed those in the previous corresponding period.
Unaudited operating EBITDA rose 88 per cent to $27.8 million
from $14.8 million on revenues of $105.9 million, up from $53.9 million.
Operating EBITDA was $8.5 million in the fourth quarter, up 9
per cent from $7.8 million in the third quarter, while revenues were
$31.4 million, against $29.1 million.
Chief executive Mr Otto Buttula commented, "On both an
operational and strategic front, FY'06 was a company-transforming year,
with the successful acquisitions of JDV and BOSS augmenting our product
and solutions offerings.
"The last financial year was undoubtedly assisted by strong
market sentiment and trading activity in our broking businesses.
"However, we remain confident that the year ahead of us affords
equally rewarding opportunities."

*****

The IWL board has yet to formally convene to consider the
declaration of a full-year dividend but it currently expects to be able
to declare a final dividend in excess of the 10c a share, fully franked
dividend declared in the first half.
The anticipated increase is due to the second-half reporting
period including a full six-month contribution from the first-half
acquisition of JDV Ltd.
In line with previous years, the proposed second-half dividend
will be confirmed and declared with the release of the formal results on
August 23, and payable September 29.

*****

Following the JDV and BOSS acquisitions, IWL has for the first
time entered a long-term debt financing arrangement.
On December 23 2005, a new 10/12 buyback program was initiated.
To date, IWL has bought back 2.34 million shares for a total
consideration of $10.0 million, reflecting an average buyback price per
share of $4.28.
As a result of the above initiatives, at June 30 2006 IWL's net
debt position was around $7.0 million.