MNF Group Ltd (ASX:MNF) provides the Company's half year results and business update.

REVENUE $116.7 million

- FY18 H1 Revenue increased 28% on the prior corresponding period (PCP) to $116.7m.

MARGIN $34.1 million

- FY18 H1 Margin increased 27% on thePCP to $34.1m. All segments made positive contributions to the result with solid organic growth across the business.

EBITDA $11.9 million

- FY18 H1 EBITDA increased 19% on the PCP to $11.9m. The result is in line with expectation and is due to strong organic growth and the contribution from CCI acquisition.

NPAT $6.1 million

- FY18 H1 NPAT increased 25% on the PCP to $6.1m.

EPS 8.30c

- FY18 H1 EPS increased 16% on the PCP to 8.30 cents.

DIVIDEND 4.30c

- A fully franked interim dividend of 4.30 cents per share was declared for H1. This is a 15% increase on the PCP and represents 52% of EPS, consistent with the historical trend.

PER SEGMENT GROSS MARGIN ($M)

- Overall Gross Margin is up 27% due to strong organic growth and contribution of the CCI acquisition. Underlying organic growth of 15% on PCP. Gross Margin is inline with budget expectation.

PER SEGMENT REVENUE ($M)

- Overall Revenue is up 28% and is inline with budget expectation.

DOMESTIC RETAIL GM

- Segment margin grew 39%. Organic growth in Small Business margin was offset by decline in legacy Residential gross margin. CCI contribution is as expected.

DOMESTIC WHOLESALE GM

- Segment margin performing strongly with 17% organic growth on PCP, with a strong H2 expected due to strong growth in hosted mobile services.

GLOBAL WHOLESALE GM

- Segment margin performing well with 27% organic growth on PCP. Shifts in revenue types are assisting growth, combined with stability in legacy business.

To view the full presentation, please visit:
http://abnnewswire.net/lnk/1QJ2Y714


About Symbio Holdings Limited

Symbio Holdings Limited (ASX:SYM) is a software company changing the way the world communicates.

Symbio's technology replaces old-fashioned telecom networks with software, making it faster and easier to deliver modern cloud-based communication services, unlocking endless new applications for calling, messaging and phone numbers.

Symbio is the backbone for the global cloud communication industry. Over 500 service providers - from telecom start-ups to the world's biggest software companies - rely on Symbio for the connectivity, quality and expertise they need to solve complex communication challenges.

Headquartered in Sydney, Symbio powers billions of calls and messages each year, owns networks in three countries and employs over 450 staff worldwide.

For more information about Symbio visit www.symbio.global

  

Contact

Miki Kando
Executive Assistant to CEO / CTO
T: +61 2 8008 8231
E: miki.kando@mnfgroup.limited



Link: Half Year Investor Presentation


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