TechnologyOne Achieves Record High Profit Amid Strong UK Growth

Reported 2 days ago

TechnologyOne's shares soared to a record high after the Australian software provider reported an 18% increase in annual profit, driven by robust growth in its UK operations. The company achieved a pre-tax profit of A$152.9 million, surpassing its growth expectations, and announced changes to its dividend policy to enhance shareholder returns. Analysts are optimistic about the company's continued success in the SaaS sector.

Source: YAHOO

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