TXT e-solutions first nine months revenue grows 14%

10 Oct '13

1 min read

In the first 9 months of 2013 TXT e-solutions, global software vendor focusing on large Customers in Retail, Luxury Goods and Fashion, has recorded revenues in excess of € 39 million, with about 14% growth versus 2012. International revenues account for more than 50% of the total. Revenues from planning software for Retail, Luxury Goods and Fashion companies grew 23% year on year.

Total orders in the first 9 months of 2013 were in excess of € 42 million, growing at a higher rate than revenues, due to strong new orders in 3rd quarter for software Perform by important customers in North America – Thirty-One Gifts (USA), Holt Renfrew (CAN) and Samsonite (USA) and in Europe – Sephora (F) and Delsey (F). New contracts in Q3 follow those already signed in 2013 with leading companies in the Luxury Goods and Retail sectors - Celine (F), Tesco (UK), Bestsellers (DK), Lavazza (I), Miroglio (I), Devenlay-Lacoste (F), Valeo (D), Ad van Geloven (NL), FatFace (UK), Modells’ (USA).

Net Financial Position, positive at € 3,2 million at the end of 2012, further improved due to operating cash flow in the first 9 months 2013, after paying € 2 million in dividends.

TXT e-solutions

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