SQS Software Quality Systems AG (SQS.L) provided an update on trading for the year ended 31 December 2008.
The company said that its businesses progressed strongly throughout the year and that it is confident of its full year results to be in line with current market expectations.
During the year, SQS continued to execute its strategy of extending its reach into Europe and expanding its off-shoring capabilities.
SQS signed 175 new customers during 2008.
As the company enters 2009, trading conditions remain healthy. Looking forward, as companies look ever more closely into outsourcing their IT functions to reduce costs, the company expects a continuing strong performance.
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