Continued revenue growth and higher order book

Continued revenue growth and higher order book

Consolidated sales revenues after the first quarter of 2015 increased to PLN 59.2 million, which means a change of nearly 14 percent year on year. A significant share in the earned result played energy, banking and public administration sectors. The backlog of the Company for 2015. accounts up to PLN 104.5 million and is 2% higher than last year.

``The first quarter of 2014 in terms of share of revenue proved to be once again very good for the Infovide-Matrix Group. Results of consequent transformation of our offer are more and more noticeable. We are present in strategic projects in energy, finance and public administration sectors. Currently, the contracting level amounts to more than PLN 104 million. We note a good backlog in all industry sectors. ``- said Boris Stokalski, Infovide-Matrix SA CEO.

During the three months of 2015. Infovide-Matrix Group generated PLN 59.2 million of sales revenue (52.1 million in the first quarter of 201.), which accounts for 13.6 percent. y / y growth of net profit after the first quarter of 2015. Group has also improved the net income by reducing the loss of up to 0.23 million zł, in comparison to 0.5 million loss the year before.

In the first quarter of 2015. The Company has achieved in energy sector sales revenue in the amount of PLN 14.1 million (11.3 million in the first quarter. 2014). In the banking and insurance sector Infovide-Matrix Group generated revenues of PLN 12.5 million (10.6 million in the first quarter. 2014.). The company successfully implements the strategy of strengthening its position in the public sector, which, after three months of 2015, earned an income of 6.6 million zł (up 13% y / y.). Traditionally, the Group maintains a strong position in the telecommunications sector, where it generates revenues in the amount of PLN 5.7 million.
Infovide-Matrixbook order value for 2015 amounts over PLN 104 million. The largest contribution to the backlog of service contracts note agreements with the public administration sector (PLN 16,2 million), banking (PLN 31.3 million) and energy (PLN 20.5 million).