dividend next year? Hostworks signals first dividend and stronger growth
Date: 22/10/2004
Author: Katrina Nicholas
Source: The Australian Financial Review --- Page: 61
Australia's Hostworks may soon pay its first dividend. The chairman of theIT services provider, David Archer, told shareholders at the AGM on 21 October2004 that a review of the company's 2004-05 first half would be conductedin January 2005, with a capital return in mind. Although Hostworks' netprofit after 2003-04 was a modest $A387,021, MD Marty Gauvin says earningsshould increase, because the business is now leveraged for growth. Hostworks hasabout 75 corporate clients
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