results v.soon, page-4

results out, should see a rise in the SP as there are no shocks from the previous guidance. At EPS of 6.2 we are 10 cents off where we should be. Worthy of buying more tomorrow.

revenue $558mil
EDITDA $30.1mil
NPAT $11.1mil
EPS 6.2 cents

Outlook
Service Stream continues to be well placed in a challenging operating and economic environment. The Company has
retained its consistent strategy in providing a spread of services to large Telco and Utility asset owners including
design, deployment and management of core network infrastructure.
The four year AAS contract became fully operational during the period and is now well embedded as the platform for
the Company’s continued growth with Telstra. The total engagement extends to various areas across the Telstra
network including Mobile Tower builds, upgrades to its HFC network and Payphones maintenance. We are ideally placed to be a major participant as the roll-out details and associated negotiations for the National Broadband
Network (NBN) are finalised.
A realignment of the McCourt Dando business and the continued profitable performances in the other core businesses
points to a stronger operating performance in the 2010 financial period and beyond.
Mr Doery commented on the outlook saying: “We have commenced 2010 with a solid foundation underpinned by the
AAS Contract, Jemena Networks and Sydney Water as well as the recent renewal of numerous contracts in TCI
(Telstra Mobile Towers), Contract Centre Solutions (Optus DSL) and AMRS (Origin Energy & ETSA meter reading).
The ability to offer a full complement of services including design, provisioning, supply chain and contact centre
support across a broad range of activities to multiple Utility sectors positions us well for the future.
The Company is confident it will return to growth in underlying earnings per share during the 09/10 financial year.”