fidessa group plc (FDSA) Snapshot

Fidessa group plc announced that the shareholders at its Annual General Meeting held on April 30, 2013 approved a final dividend of 24.5 pence per ordinary share and a special dividend of 45.0 pence per ordinary share.

Fidessa group plc has announced that it has partnered with a number of key Asian regional brokers to provide a simple, immediate one-stop-shop trading service for all ASEAN markets. The partnerships, with CIMB, DBS Vickers, Maybank Kim Eng, OCBC Securities, Philip Securities and UOB Kay Hian, make it possible to trade across the whole of the ASEAN region from a single connection to Fidessa's global trading network. The service is available now for use by Fidessa's extensive global community of buy-side and sell-side firms.

Fidessa group plc reported consolidated earnings results for the full year ended December 31, 2012. For the year, the company reported revenue of £278,626,000 compared to revenue of £278,264,000 for the same period a year ago. Operating profit was £41,705,000 compared to £42,131,000 last year. Profit before income tax was £41,984,000 compared to £42,452,000 last year. Profit attributable to owners of the company was £30,406,000 or 80.9 pence per diluted share compared to £29,926,000 or 81.0 pence per diluted share last year. Net cash generated from operating activities was £66,914,000 compared to £70,507,000 last year. Purchase of property, plant and equipment was £8,720,000 compared to £14,536,000 last year. Profit attributable to owners of the company after adjustments was £30,957,000 or 82.4 pence per diluted share compared to 30,463,000 or 82.4 pence per diluted share last year. Adjusted operating profit was £42.4 million compared to £42.9 million last year. Adjusted pre-tax profit was £42.7 million compared to £43.2 million last year. EBITDA (earnings before interest, tax, depreciation and amortisation) was the same as for 2011 at £52.7 million, being an EBITDA margin of 18.9%. Capital expenditure was £10.1 million compared to £15.6 million last year. The ordinary dividend for the full year is being increased to 37.0 pence compared to 36.5 pence per share last year. The final dividend, if approved by shareholders, will be 24.5 pence, to be paid on 10th June 2013 to shareholders on the register on 10th May 2013, with an ex-dividend date of 8th May 2013. In addition, a special dividend of 45.0 pence (2011: 45.0 pence) is proposed and, if approved by shareholders, will be paid at the same time as the final dividend. The company expects performance in 2013 to be similar to that seen in 2012. Further strong growth is expected in the derivatives revenue throughout 2013. Further decreases in the UK corporation tax rate have been announced and these are expected to provide a further reduction in the effective tax rate in 2013.