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Prodware SA >
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Good revenue growth, above expectation.

  • 21 Feb 2019

Good revenue growth, above expectation.


Prodware SA (ALPRO:PAR) | 0 0 -0.2% | Mkt Cap: 96.9m


  • AlphaValue
    • Hélène Coumes

    • 3 pages

IT services image


 
IT services image


In Q4 18, revenue growth (+10.7% on constant scope) was above expectation and benefited also from a low comparative in Q4 17 (-16.7% on constant scope). Prodware had record SaaS revenue growth (+45.9%) following a weak Q3 18 (+2%). Geographically, there was a good development in International (c.+11%), in particular in Benelux (+23.6%) which integrated the Microsoft Dynamics business acquired from CTAC in the Netherlands.


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See all the research we have on this company.

Good revenue growth, above expectation.


Prodware SA (ALPRO:PAR) | 0 0 -0.2% | Mkt Cap: 96.9m


  • Published: 21 Feb 2019
  • Author: Hélène Coumes
  • Pages: 3
  • AlphaValue


In Q4 18, revenue growth (+10.7% on constant scope) was above expectation and benefited also from a low comparative in Q4 17 (-16.7% on constant scope). Prodware had record SaaS revenue growth (+45.9%) following a weak Q3 18 (+2%). Geographically, there was a good development in International (c.+11%), in particular in Benelux (+23.6%) which integrated the Microsoft Dynamics business acquired from CTAC in the Netherlands.



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