Computershare: Result 2014

The registry operator has produced another respectable result but we'll have to keep waiting for the big improvement.

Computershare has chalked up its sixth consecutive half of earnings growth – since the 20% fall in the first half of 2012 – with a slight improvement in market conditions overcoming drags caused by low interest rates on client balances and the stronger US dollar. Overall, management's measure of underlying earnings per share (EPS) rose 9.8% to US$0.602 in the year to June, at the top of guidance for 5–10% growth.

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