Hansen Technologies Limited (ASX: HSN) is pleased to provide a forecast of its operating results for the first half year of Fiscal 2009/10.
Andrew Hansen, CEO of Hansen Technologies said, "I am pleased to be able to report that our operating performance continues to be strong. The markets within which we operate are undergoing substantial structural change coupled with technical innovation. We are well positioned to service the needs of these markets and offer value to customers as their business criteria change.
We remain committed to pursuing growth through acquisition and we are actively engaged in seeking out suitable targets which offer complementary business activities at a realistic purchase price. Finding the right balance is challenging but we are committed to pursuing this objective".
Based on internal management accounts, Hansen expects the consolidated
Group operating result for the half year to 31 December 2009, and the comparative with the corresponding period in the prior year, to be:
- Operating revenue - $29 million - a 20% increase
- EBITDA - $7.7million - a 20% increase
- After tax profit - $4 million - a 14% increase
(These results are still subject to review by the Company's external auditors).