Engineering data and design information technology systems provider AVEVA put in a strong finish to the financial year just ended, driven by strong demand from the oil and gas industry.
The Europe, Middle East and Africa (EMEA) region continued to perform strongly in the second half of the year, the group said, while the group's Latin American operations were once again the star performers in the Americas.
Asia Pacific recovered well in the second half following the restructure of the operations in China in the first half of the fiscal year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Our business in China has recovered and is now gaining real momentum and Enterprise Solutions continues to make good progress," disclosed Richard Longdon, Chief Executive of AVEVA.
Once the numbers for the year to the end of March are totted up, the board expects they will be in line with market expectations.
JH
-
Buying a property is cheaper than renting again – how much could you save?News Zoopla research shows it is now 8% cheaper to buy than rent. We reveal the places where you can save more by getting on the property ladder.
-
Is now a good time to invest in India?Should you invest in India? Its market has stood out of the emerging market pack, helped by a growing pool of domestic investors.
