Kerverus Holding IT plc Proposes Dividend for the Year 2013; Announces Audited Consolidated and Parent Earnings Results for the Year Ended December 31, 2013
The company announced audited consolidated and parent earnings results for the year ended December 31, 2013. For the period, on consolidated basis, the company reported revenue of 206,780 compared to 150,460 a year ago. Operating profit was 59,902 compared to 70,507 a year ago. Profit before tax was 59,223 compared to 70,026 a year ago. Net profit for the year was 61,407 compared to 66,589 a year ago. Net cash flows used in operating activities was 3,920 compared to 50,419 a year ago.
For the period, on parent basis, the company reported operating profit of 80,670 compared to 40,545 a year ago. Profit before tax was 80,398 compared to 40,310 a year ago. Net profit for the year was 80,361 compared to 40,296 a year ago. Net cash flows used in operating activities was 31,411 compared to 48,698 a year ago.