Sales growth reverses at Gresham

Gresham Computing, which provides software solutions to financial institutions, saw top-line disappear in the second quarter.

Gresham Computing, which provides software solutions to financial institutions, saw top-line disappear in the second quarter.

The picture over the six months period does not look too bad for the company. Profits for the six months ended June 30th increased 25% to £0.71m from £0.57m in the first half (H1) of 2011, on revenue of £6.02m, up 11% from £5.43m during the same period the previous year. Growth was driven by continued demand for Gresham's Real-Time Financial Solutions offering.

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