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Heyde Reports Pre-Tax Up 213% Through September - Statistical Data Included

German a whole s integrator and software developer Heyde AG has reported a pre-tax profit for the first nine month of this year up 213% at DM1383m ($74m) upon revenue that rose 99.6% at DM103m ($553m) As a flow the company expects to fulfil its forecasts for the year of a pre-tax figure of DM235m ($126m) upon revenue of DM142m ($76.2m). For nearest year Heyde, whose principle customer base is in banking and insurance, predicts further significant increase in revenue to DM240m ($1288m) The company, which is listed upon the Neuer Markt in Frankfurt, also said it wait fors to remain on the acquisition trail nearest year. It has already bought several companies in 1999 and casts it will be able to announce at least single more before the end of the year.



COPYRIGHT 1999 Datamonitor

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