IT Competence Group SE posted fiscal year 2011 total revenues of EUR 13.9 million, compared to EUR 8.6 million in the year-ago period.
Operating income for the period was negative EUR 1.9 million, compared to EUR 0.3 million last year.
The company's management believes that IT Competence Group SE will generate revenues above euro 16m a with an positive consolidated net income in the year 2012.
by RTT Staff Writer
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