The field management software company said first-half trading was in line with management expectations, even though revenue for the six months to
Only some of this can be explained by the hit from the strength of sterling, which the company said knocked
Its cash balance at the end of June stood at
It said it had made necessary investment in products, staff, infrastructure, and customer implementations, but that had helped boost dollar revenue from its
"A number of significant contracts were signed in the second quarter and therefore had minimal contribution to first-half revenues. However, these contracts will have a greater impact in the second half of the year.
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