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Linedata reports H1 revenue growth

28 July 2006  |  1289 views  |  0 Source: Linedata Services

Linedata Services announces H1 2006 revenue

Linedata Services generated revenue of EUR 71.4 million in the first half of 2006, up 25.3% on published revenue for the same period in 2005. Organic growth at 5.6% is in line with the Group's development plan which included a gradual momentum in growth in the second half of the year.

Linedata Services confirms its 2006 target for organic growth in excess of 7% on its 2005 pro forma revenue of EUR 138 million.

Linedata Services also maintains its target of recurring operating margin for 2006 at least equal to that recorded in 2005, i.e. 17.4%, taking into account the traditional seasonal difference in activity between the first and second half of the year.» Download the document now 48.6 kb (Adobe Acrobat Document)

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