In a trading update, EU Supply, the e-procurement software provider, has reported trading for calendar year 2015 close to expectations. It expects to manage its costs to achieve profitability on a run rate basis during 2016. With its recurring revenues, planned cost control and intended focus on less competitive market segments, it aims to establish a profitable platform for growth in 2017 and beyond.

28 Jan 2016
Focus on achieving profitability

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Focus on achieving profitability
In a trading update, EU Supply, the e-procurement software provider, has reported trading for calendar year 2015 close to expectations. It expects to manage its costs to achieve profitability on a run rate basis during 2016. With its recurring revenues, planned cost control and intended focus on less competitive market segments, it aims to establish a profitable platform for growth in 2017 and beyond.