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Metron Announce Record Year For Revenue - Comments on trading results in 25th anniversary year
Metron Announce Record Year For Revenue


PRZOOM - /newswire/ - Taunton, Somerset, United Kingdom, 2010/05/28 - Comments on trading results in 25th anniversary year.

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Metron, the global leader in capacity and performance management announced a record year for revenue, in its 25th year of trading.

Metron, boasting a client list of leading Fortune 500 and FTSE companies, delivers solutions in the form of software and services on a global basis.

David Kitley, Metron CFO said ‘Metron has celebrated its 25th anniversary by achieving enhanced revenues around its core global market. Japan, South Africa, and Europe all showed strong growth. Additionally, Metron’s wholly owned US subsidiary, Metron Athene Inc, posted new license revenues 40% higher than the previous fiscal year and continues to make a very positive contribution to group profits and cash flow.

Customer satisfaction and loyalty is reflected in a 13% increase in maintenance revenues.

Metron’s accounts to 31st March 2010 will show significantly improved pre-tax profits, in spite of the global recession, and cash reserves remain at record levels giving Metron a sound base for future expansion.’

Andrew Smith, Metron VP for Sales and Marketing commented on why he believes Metron have fared so well despite the current economic conditions.

‘Capacity management is not a luxury, it is a necessity.

The immense savings that clients are enjoying, through good capacity management, are even more valuable to them in these hard economic times.
They now want to hold on to those benefits and not throw them away. Effective capacity management with Athene will enable them to safeguard against over-provisioning in the future.

We are committed to providing our clients with a good return on investment, product and services that are easy to use and a consistent level of technical assistance and support across the globe.

Customer satisfaction plays a large part in our continued success’.

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Metron Announce Record Year For Revenue

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Metron Technology Ltd securities in any jurisdiction including any other companies listed or named in this release.

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