Orc Software saw profits drop again in 2005, with a total
operating income of SEK28m ($3.7m).
Profit before taxation stood at SEK29m in 2004, down 61%
from the SEK74m achieved in 2003.
Revenue was up, however, to SEK278m compared with SEK247m in
2004. In a statement the firm said that its target for 2006 was
to "exceed a revenue growth rate of 15% and an operating margin
of 15%". Operating margin for 2005 stood at just under 10%.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.