February 22, 2018 / 9:38 PM / 6 months ago

BRIEF-MYOB Group Says FY ‍Profit Attributable Up 16.33% To $60.7 Million​

Feb 23 (Reuters) - Myob Group Ltd:

* ‍FY REVENUE FROM ORDINARY ACTIVITIES UP 12.44% TO $416.5 MILLION

* FINAL 2017 DIVIDEND PER SECURITY DECLARED 5.75 CENTS PER SECURITY

* FY ‍PROFIT FROM ORDINARY ACTIVITIES AFTER TAX ATTRIBUTABLE UP 16.33 % TO $60.7 MILLION​

* EXPECT TRANSACTION AND INTEGRATION COSTS (INCLUDING ACCELERATING PLATFORM DEVELOPMENT) BETWEEN $15 MILLION TO $20 MILLION IN FY18

* EXPECTS FY18 ORGANIC REVENUE GROWTH TO REMAIN IN 8-10 PERCENT RANGE AND EBITDA MARGINS OF 43-45 PCT‍​

* EXPECTS FY18 RESEARCH AND DEVELOPMENT INVESTMENT TO BE ABOUT 16% OF REVENUE Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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