8th Jun 2015 13:16
LONDON (Alliance News) - Construction software company Eleco PLC Monday said that trading in the half year to June 30 is in line with the board's expectations, as a weaker-than-expected performance in Sweden partly offsets an upturn in the performance of its Asta subsidiary.
Eleco said that there was a significant licence sale by one of Asta's key US channel partners with the US State Department of Transport.
It also released the latest version of its Bidcon estimating software in the UK. Bidcon has been integrated into Eleco's latest 5D BIM solution which combines all of its estimating, project management, 3D visualisation and compression technologies into a single project management and estimating solution. It has been very well received by the construction industries in Sweden and the UK, Eleco said.
Shares in Eleco were untraded Monday, last trading at 25.45 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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