Computershare Full Year Result - CPU building a bigger business in tough times

Computershare (CPU) has reported a strong full year result, in line with previous earnings per share and revenue guidance. Total revenue fell 0.1%, as expected, due to the sale of its Russian business in July 2015 and recent cautious market movements leading to subdued trading. Computershare’s Business Services posted revenue of US$605.7 million as the demand for US loan services, bankruptcy and class action administration work drove volumes.