Aveva Group plc (AVV.L) said Friday it is "confident" about a "successful outturn" in the current fiscal year, with the period since October 1, 2011 seeing continued demand for Engineering and Design Systems and several large rental contracts being renewed. The company's current fiscal year ends March 31, 2012.
Looking ahead to fiscal 2012/2013, the company noted an addition to its backlog from Enterprise Solutions contracts from "strategically important" new customers. Further, increased momentum in China operations, after restructuring, "confirmed" Aveva Group's "positive view" on prospects.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.