EU Supply, the e-procurement software provider, has confirmed that it continues to be on track to reach profitability on a monthly run-rate basis by the end of 2016. Although results continue to be sensitive to Sterling currency changes, with its steady revenue growth, cost saving programme and encouraging start to 2016, EU Supply appears to be on course to achieve its aim of a profitable platform for 2017.

01 Jul 2016
On track for run-rate profitability

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On track for run-rate profitability
EU Supply (EUSP:LON) | 0 0 (-6.0%) | Mkt Cap: 8.50m
- Published:
01 Jul 2016 -
Author:
Gareth Evans -
Pages:
4 -
EU Supply, the e-procurement software provider, has confirmed that it continues to be on track to reach profitability on a monthly run-rate basis by the end of 2016. Although results continue to be sensitive to Sterling currency changes, with its steady revenue growth, cost saving programme and encouraging start to 2016, EU Supply appears to be on course to achieve its aim of a profitable platform for 2017.