Publicly listed Australian law firm Slater and Gordon has announced a strong set of financials for the last fiscal year, posting significant increases in both revenue and earnings, the firm announced Friday.
In a statement to the Australian Stock Exchange, the Melbourne-based firm stated that its gross revenue had jumped 27 percent in the 12 months ended June 30, 2015, to $372.9 million. Slater and Gordon’s net profit rose 7.7 percent, to $50.5 million, while its earnings before interest, taxes, depreciation and amortization, or EBITDA—a key indicator of corporate financial performance–rose 20.7 percent, to $86.9 million. The firm has declared a final dividend of 3.9 cents per share, a 10 percent increase on the previous year’s payment. (All figures in this article have been converted from Australian dollars to U.S. dollars at the current exchange rate.)
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