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RXP Services back on the up with solid results

Trevor Hoey
Trevor HoeyColumnist
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IT consulting group, RXP Services, delivered a solid result for the 12 months to June 30, 2015 after disappointing investors late in 2014 with a negative first half trading update.

However, management said at the time it still expected a reasonable full-year earnings before interest and tax (EBIT) performance, ranging between $9 million and $11 million. The group has delivered at the top end of that range with EBIT of $10.4 million representing year-on-year growth of 12.4 per cent.

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Trevor uses economic trends and fundamental analysis to identify quality stocks across all sectors. Trevor analyses breaking news, giving active investors an important edge. Connect with Trevor on Twitter. Email Trevor at thoey1@bigpond.com

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    Original URL: https://www.afr.com/wealth/investing/rxp-services-back-on-the-up-with-solid-results-20150818-gj1s9m