Computershare Reports Strong FY24 Results, Optimistic Outlook

Computershare Limited (AU:CPU) has released an update.

Computershare Limited has reported a robust financial performance for FY24, with an 8.9% increase in Management EPS to 117.6 cps and a rise in Management Revenue by 2.1% to $3.3 billion. The company has streamlined operations focusing on core businesses, resulting in a simpler structure with higher returns, and announced a 5% hike in its Final Dividend to AUD 42 cents per share. Looking forward, Computershare is optimistic about FY25, projecting a 7.5% increase in Management EPS, despite planning for lower interest rates.

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