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Thursday, 9 February 2012

Generous dividends from Vicom

Vicom released its full year results today.

Revenue was $6.8 million or 8.1% more than the year before due mainly to higher revenue from vehicle inspection and test & inspection services.

Operating profit increased by $3.1 million or 11.5% to $30.0 million.

Balance sheet and cash flow are healthy.

Ordinary dividend 7.5 cents and special dividend of 3.2 cents declared.

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