In Q4 16/17, group revenue reached €8.1m (+7.8%). Strong revenue growth was driven by Asia, Europe and the large accounts. Prosyst, the 80%-owned subsidiary specialised in software for the design, simulation and diagnostics of industrial processes, contributed to the strong development of IGE+XAO. For FY2016/17, group revenue was €29.4m (+4.7%), above expectations (€29.2m, +3.8% estimated). R&D is an issue for the business development. IGE+XAO launched a new version of its
20 Sep 2017
Revenue growth above expectations
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Revenue growth above expectations
- Published:
20 Sep 2017 -
Author:
Hélène Coumes -
Pages:
2
In Q4 16/17, group revenue reached €8.1m (+7.8%). Strong revenue growth was driven by Asia, Europe and the large accounts. Prosyst, the 80%-owned subsidiary specialised in software for the design, simulation and diagnostics of industrial processes, contributed to the strong development of IGE+XAO. For FY2016/17, group revenue was €29.4m (+4.7%), above expectations (€29.2m, +3.8% estimated). R&D is an issue for the business development. IGE+XAO launched a new version of its