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How Is Iress Driving 19% EPS Growth While Slashing Debt?
8:50am on Monday 11th of August, 2025 AEST
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Technology
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How Is Iress Driving 19% EPS Growth While Slashing Debt?
8:50am on Monday 11th of August, 2025 AEST
Key Points
Continuing business revenue up 6.8%, adjusted EBITDA up 8.7%
Underlying EPS increased 19.2%, reflecting operational efficiency
Six non-strategic assets divested for $271 million, reducing leverage to 0.8x
Stranded cost program targeting $12-$16 million annual savings by FY27
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Iress (ASX:IRE)
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