Synety has released a trading update for the year to December 2015 showing strong progress in all key KPI’s. Group revenue more than doubled to £3.33m, slightly ahead of our £3.2m forecast, with net cash at the year-end also coming in ahead of expectations at £1.6m (N+1Se: £1.3m). Synety announced its revised strategy in April 2015, focusing on larger customers, cash generation and improved sales processes, and we are encouraged by the group’s performance since then. We continue to believe that, ....
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Revised strategy delivering
- Published:
20 Jan 2016 -
Author:
Oliver Knott -
Pages:
3
Synety has released a trading update for the year to December 2015 showing strong progress in all key KPI’s. Group revenue more than doubled to £3.33m, slightly ahead of our £3.2m forecast, with net cash at the year-end also coming in ahead of expectations at £1.6m (N+1Se: £1.3m). Synety announced its revised strategy in April 2015, focusing on larger customers, cash generation and improved sales processes, and we are encouraged by the group’s performance since then. We continue to believe that, ....