Vista lifts annual net profit 26.7% on market share growth

Vista lifts annual net profit 26.7% on market share growth
Jenny Ruth
By Jenny Ruth Feb. 26 (BusinessDesk) - Vista Group’s annual net profit jumped 26.7 percent as its businesses increased their market share around the world. The cinema technology company’s net profit attributable to shareholders for calendar 2018 rose to $12.3 million from $9.7 million in 2017. Revenue rose 22.6 percent to $130.7 million – 61 percent of which is annually recurring. Vista says in a statement that it has matched “the performance record the global business and investor market has come to expect from this leading New Zealan...