Industrial demand lifts AVEVA’s profit
British software firm is confident of meeting its medium-term targets after a 20% rise in annual earnings
29 May 2019 - 15:53
London — Software provider AVEVA says it is confident of meeting its medium-term targets after a 20% rise in annual earnings, driven by demand for the British firm’s technology to improve the efficiency of industrial processes.
Shares in AVEVA, which is on course to join the FTSE 100 index in June, rose to a high of 3,530p on Wednesday, before falling 1.7% to 3,374p by mid-morning...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.