24th Mar 2016 10:02
LONDON (Alliance News) - Simulation software company SimiGon Ltd on Thursday said trading remained solid in 2015, though revenue will be lower year-on-year.
SimiGon said it has continued to focus on its long-term contracts where it has prime-contractor status and has looked to secure further deals from new and existing clients.
Profit for the year will meet its expectations, SimiGon said, but revenue will be around USD6.8 million, down from USD8.3 million in 2014 due to delays on a key contract.
SimiGon will publish its results for the year to the end of December on April 18.
Shares in the company were up 3.5% to 15.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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