Aveva Group plc announced audited preliminary consolidated earnings results for the year ended March 31, 2013. For the period, the company reported revenue of £220.2 million compared to £195.9 million in the same period last year, adjusted profit before tax was £70.7 million compared to £62.3 million in the same period last year, profit before tax was £63.6 million compared to £57.7 million in the same period last year, adjusted profit before tax margin was 32.1% compared to 31.8% in the same period last year, diluted earnings per share was 66.82 pence compared to 58.73 pence in the same period last year, adjusted basic earnings per share was 74.87 pence compared to 63.81 pence in the same period last year, net cash was £190.4 million compared to £179.0 million in the same period last year. Profit from operations was £62.4 million compared to £56.5 million in the same period last year. Profit for the year attributable to equity holders of the parent was £45.5 million compared to £40 million in the same period last year. Net cash generated from operating activities was £40.8 million compared to £47.8 million in the same period last year. Purchase of property, plant and equipment was £3.9 million compared to £2.6 million in the same period last year. Purchase of intangible assets was £1.3 million compared to £0.6 million in the same period last year.

The Board of Aveva Group plc is recommending a final dividend of 19.5 pence compared to 17.0 pence for the year 2012, an increase of 15% over the prior year. This gives a full year dividend of 24 pence compared to 21.0 pence for the year 2012, when combined with the interim dividend of 4.5 pence announced earlier in the year, gives an increase of 14% over last year. Subject to approval at the annual general meeting (AGM), the final dividend will be paid on July 26, 2013 to shareholders on the register on June 21, 2013.

Aveva Group plc, 2013 Earnings Call, May 23, 2013