AVEVA Group plc (AVV.L) announced the interim management statement for the period from 1 October to date.
The company said it continues to make progress in the Oil, Gas and Power markets, that have been resilient across its geographies and these segments are benefiting from ongoing projects and demand from new economies where resource finds are driving new sales.
The company stated in particular, that Brazil remains a high growth area for it, where it sees continued opportunity within the Oil and Gas market. Hence, the Group continues to invest in office expansion and people to support the needs of its local customers in this area. As anticipated, the Marine market has continued to suffer from recent economic events, AVEVA Group added.
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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.