The announcement came as the group’s 2017 half-year results showed revenue jumped 14.4 per cent to $204 million and net profit rose 13 per cent to $28.3 million.
Read the full article on the Australian Financial Review.
MYOB buy-back does not spell end of innovation
Accounting software company MYOB has announced a $102 million share buy-back, but says it will continue looking for acquisition targets over the next 12 months and has no intention to reduce research and development spend.
