Eurobase Celebrates Strong Financial Results, Reports Increased Turnover and a Return to Pre-financial Crisis Profit Levels

London - 22 January 2015

Eurobase International Group, a leading global software and services group, today announced that the company has enjoyed a very successful first half of its 2014/15 financial year, reporting a turnover in excess of £11 million for the six month period and a return to pre-financial crisis profit levels.

John Wilson, Group Chairman and CEO, said, "Like many businesses in our sector Eurobase has been challenged by the problems in the financial services industry. However, despite the difficulties in its markets Eurobase has maintained its position and took the strategic decision to maintain its levels of investment in staffing and product development, made possible by its strong financial position.”

He continued, “The current financial year is showing a growth in revenues and strong profits in all divisions. Our continued commitment to our customers and products, maintained during very challenging times, is now reaping rewards. Today’s Eurobase offers a strong product set, profit and cash. As demand returns to the market we look forward to continued profitable growth over the coming years."

Eurobase’s new customer wins have increased significantly over the last period including new customers in the UK, USA, Europe, Asia, and in the Middle East and the pipeline for its Insurance and Banking products looks stronger than ever. New partnerships have also strengthened the business’ position around the globe.

"We're absolutely delighted with these latest results, they put us in a very strong position to deliver on our future growth strategy, building on the momentum achieved to date.", said John Wilson.

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