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SmartFocus Germany GmbH Radlkoferstr. 2 81373 München, Germany http://www.smartfocus.com/
Contact Mr Jean-Yves Barbara +33 1 56 88 11 11
Company logo of SmartFocus Germany GmbH
SmartFocus Germany GmbH

2009 Full Year Results

Revenue growth acceleration and gross margin improvement / Operating margin impacted by investments / Adoption of IFRS

(PresseBox) (Hamburg, )
.
Continued improvement in gross margin, reaching 73% in 2009

2009 was a year marked by strong growth with sales increasing by 35% (+38% at constant exchange rates) to €29.3 million, in accordance with the company's growth strategy.

Revenue growth was accompanied by an improvement in gross margin which reached 73% of revenues (71% in 2008), driven by the pooling of IT resources and economies of scale from its SaaS platform. This is the fourth consecutive year that gross margin has improved significantly.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.