Profits up 32% for Acturis in 2016

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Acturis Group has reported a 32% increase in post-tax profit to £19.42m for the year ended 30 September 2016.

The results in a filing at Companies House showed a 20% jump in revenue to £55.27m from £46.1m the previous year.

Operating profit also rose by 33% to £22.89m (2015: £17.17m).

The software specialist revealed that it had invested £11.26m (2015: £9.99m) in the development of the Acturis System and its associated technologies.

It listed these as including German firms NAFI and Assfinet

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