Wednesday, March 23, 2016

Crealogix with lower loss – financial and economic

The software and IT services has exceeded forecasts in the first half of 2015/16 due to the implementation of the new corporate strategy.

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(AWP), a software and IT service Crealogix ( CLXN 82 – 2:38% ) has some performed better in the first six months of the current fiscal year 2015/16 planned as himself. The Group posted sales growth of 16% to 27.9 million Swiss francs, with the proportion of international revenue to 37% (previous year 26%) increase.

The thorough and consistent implementation of the corporate strategy has proved its worth , it is said in a statement on Wednesday. The Ebitda improved significantly to +0.12 million compared to -6.27 million in the previous year, the operating loss at level Ebit amounted meanwhile to 1.52 million (previous year -7.63 million.).

the improvement in the result went the one hand back to the already announced in the annual report measures to increase revenues and reduce costs. On the other hand, have benefited from the increased efficiency of scalable product platform and the transfer of development services in nearshore / offshore locations, it is said to

For the second half of 2015/2016, the outlook is revised upwards.: Crealogix expects full-year sales growth of over 20% over the previous year and thus with an annual turnover of over 60 million Fr. “We expect this increase by growing net revenue, a further revenue consolidation from the transaction ELAXY, a better utilization of the business with our existing customers and acquiring new customers, “the company writes. the initial situation and the current market opportunities as “very good” judges.

The complete history to Crealogix page. “



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