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Entersoft reports modestly increased revenue in 1H2017

26 July 17 - RE+D Magazine
Entersoft reports modestly increased revenue in 1H2017

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Antulio Richetta

Director IBI Group
Entersoft Group said its net revenue totaled 6.16 million euros in the first half of 2017, from 5.39 million in the same period last year, for an increase of 14.2 pct.

 

Pre-tax earnings soared 68 pct to 1.36 million euros in the January-June period, from 810,000 euros in 2016.

In an announcement, the Group said its growth reflected mainly an increase in new customers in Erp, CRM and WMS systems in Greece and an increase in revenue from international activities.

Entersoft expects its revenue to continue growing in the second half of the year boosted by the introduction of a new product Entersoft Warehouse Management System (WMS) in 2017.

The product was presented officially a month ago and it is expected to create a new significant source of revenue for the group in the coming years.

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