1300 SMILES LIMITED Audio Webcast from The Australian Business Online

1300 SMILES LIMITED on Board Room Radio

Daryl Holmes Comments on Spectacular Full Year Result
Fri, 7 Aug 2009 12:15PM

Listen to the audio here.

LISTED dental group 1300SMILES Ltd (ONT) has brushed away the economic downturn to post a 74 per cent jump in full-year profit to $3.8million.

The record profit came on the back of a 47 per cent leap in revenue to $22.4 million, which was fuelled by integrating, consolidating and growth of all the group’s practices, after several acquisitions during the past two years.

Shareholders can now expect a cash bonus after the company announced its final fully franked dividend would be 6c a share, lifting the full year dividend by 34 per cent on last year.

Earnings per share were up 72 per cent to 18.7c per share.