IRESS Limited (ASX.IRE) today announced a statutory net profit for the 12 months to 31 December 2016 of $59.5 million, up 7% over the prior year.
Operating revenue increased 8% to $389.7 million. On a constant currency basis, this is an increase of 13% on 2015 (12% excluding 2016 acquisitions). Segment Profit(2), a measure of IRESS’ core underlying performance, was up 4% to $123.5 million. On a constant currency basis, this is an increase of 7% on 2015 (6% excluding 2016 acquisitions).
Listen to the announcement below
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Andrew Walsh, Managing Director and CEO, along with John Harris, CFO, deliver announcement of IRESS' full year results for 2016