Saunders International Limited expects an improved result for the 2013 financial year. Saunders currently expects to announce a net profit after tax for the current financial year of approximately $5.6 million. This represents an approximate 24% increase over the prior corresponding period fiscal year of $4.5 million.

This forecast result includes the net effect of the payment received in the previously reported legal dispute. Revenue for the year is expected to be up approximately 30% at approximately $60 million against $46 million a year ago. Saunders balance sheet remains strong.

Cash balance is forecast to be approximately $14 million at 30 June 2013 and there is no interest bearing debt.