Globo, the mobile telecoms and software firm, reported a surge in both revenue and profit in 2011, as demand for its mobile consumer applications rocketed.
Revenue was up 46.6% to €45.31m (2010: €30.91m) helped by international revenues which increased by 254.6% from €6.11m to €21.88m. The firm said that its mobile consumer applications, CitronGO! And GO!Social, were the main drivers of growth in international revenues which now account for 48.3% of group sales, up from just 17% in 2010.
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