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Brady On Track Despite Expected First-Half Revenue Fall

20th Jul 2015 07:00

LONDON (Alliance News) - Brady PLC Monday said it's on track to meet market expectations for the full year, even though the software company expects slightly lower revenue for the first six months of 2015, with "deal momentum" and a "strong sales pipeline" to drive sales growth in the second half.

"The board was pleased that during the period the group signed a total of nine new contracts compared to seven last year, especially given the challenging market conditions in the sectors in which we operate," Brady said in a statement.

Brady expects to report results for the half year ended June 30 on September 7.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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