- Leak detection group Water Intelligence said it had surpassed its prior full-year revenue result earlier than expected.

The company said it had achieved $27.5m of revenue through the end of October, ahead of the full-year 2018 result of $25.5m.

Pre-tax profit remained comfortably in-line with expectations for the 2019 full year, it added.

'We are delivering on our objectives and we remain ambitious,' executive chairman Patrick DeSouza said.

'While surpassing the sales milestone is important, we seek to finish the year strongly and to set even higher near-term targets than expected.'

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