Transactor publishes final results from before Open GI sale
Software house says focus on Version 7 impacted numbers.
Transactor Global Solution’s turnover and profits dipped in the year ahead of being bought by Open GI, according to numbers released to Companies House.
With the £40m takeover completing on 1 August 2017 the company’s results covered a 16 month period to 31 July.
Turnover came in at £12.5m with gross profit of £3.6m.
Both measures were effectively down on the 2016 totals of £10.5m and £4.4m respectively as these were calculated on a 12 month period.
Focus
If measured on a month-by-month
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Aviva’s David Martin on the art of the possible
- Brokers push for more from RSA/NIG