AVEVA Group FY14 Pretax Profit Surges 9%

AVEVA Group PLC

reported a 9% rise in its fiscal 2014 pretax profit. AVEVA's pretax profit gained to GBP69.0 million versus a year-ago profit of GBP63.5 million, while adjusted pretax profit rose 11% to GBP78.3 million from GBP70.6 million. Its net profit surged to GBP51.0 million from GBP45.4 million, while diluted EPS increased to 77.99 pence from 66.65 pence. AVEVA's revenue climbed 8% to 237.3 million pounds, from GBP220.2 million. AVEVA also lifted its final dividend per share by 13% to 22.0 pence from 19.5 pence. AVEVA shares fell 1.59% to close at $35.95 on Friday.