artec returned to the black in H118 as revenues more than doubled. The results reflect the impact of the three significant contract wins announced earlier this year. These wins came in the wake of the 2016/17 period that artec spent modernising its software platform and the strong momentum has been continuing, with further new business added in recent weeks in the public sector security segment. If management can sustain the momentum, we believe there is significant upside in the shares.

02 Oct 2018
artec technologies - New strategy is beginning to deliver

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artec technologies - New strategy is beginning to deliver
artec technologies AG (A6T:ETR) | 0 0 -1.0% | Mkt Cap: 9.08m
- Published:
02 Oct 2018 -
Author:
Richard Jeans -
Pages:
3 -
artec returned to the black in H118 as revenues more than doubled. The results reflect the impact of the three significant contract wins announced earlier this year. These wins came in the wake of the 2016/17 period that artec spent modernising its software platform and the strong momentum has been continuing, with further new business added in recent weeks in the public sector security segment. If management can sustain the momentum, we believe there is significant upside in the shares.