Craneware Plc Declares Final Results For The Year Ended 30 June 2019

Revenues increased 6% year over year to $71.4 million. Adjusted EBITDA increased by 11% year over year to $24 million. Profit before tax witnessed a decline of $0.6 million to $18.3 million due to $1.2 million one-time costs related to a proposed acquisition.

Basic adjusted EPS grew 5% year over year to $0.633, while adjusted diluted EPS increased to $0.620 from $0.591 in FY 18. Cash at the year-end was $47.6 million after payment of dividends to the extent of $8.5 million.

On 3rd September 2019, at the time of writing, GMT 10:49 AM, CRW shares were quoted at GBX 1900.00, up 75 points or 4.11% over the previous day closing price.

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