CAST: net decline in activity


Cast turnover fell 11.2% at the end of March to 6.87 million euros. The analysis, measurement and mapping software analyst questioned an unfavorable base effect, with a first quarter of 2018 marked by an exceptional transaction with a US bank. In addition, two ongoing transactions within complex organizations initially planned for the first quarter are now in the second quarter.

Sales of SaaS CAST Highlight offer amounted to € 1.1 million in the first quarter (compared to € 2.1 million in 2018) for a recognized turnover of € 0.6 million.

"The second quarter is expected to grow, more in line with the year's goals," the group said as a prospect.

Copyright 2019 AOF
All rights of reproduction and representation reserved (Legal notice)


Source link