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Record financial year for Oakton

Record financial year for Oakton

The company's revenue has risen by a massive 75 percent, with double-figure EBITDA increases, even after adding hundreds to the payroll.

Oakton Limited (ASX:OKN) has reported a record $201 million in revenue for the financial year, a 75 percent increase over last year's results.

The company earned an EBITDA of $41 million, a 37 percent increase over last year's results. The company also expanded over the year, and now employs 286 more staff than it had in FY2007.

Shareholders have been rewarded with a dividend of 23 cents per share.

Oakton's share price has risen by 11 percent to 3.71 after these results were released to the market.


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