logo
  

AVEVA Group Q1 Revenue Rises 11%

AVEVA Group plc (AVV.L), on Friday, issued trading update for the period from April 1, 2021 to June 30, 2021, and reported about 11% revenue growth for the first quarter on a pro forma organic constant currency basis.

All of the Group's revenue lines grew, with Subscription growing in line with overall Group revenue and Perpetual licences increasing significantly, the company said.

AVEVA is scheduled to report its half year results for the financial period from April 1, 2021 to September 30, 2021 on November 9, 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Electric Company (GE) said it delivered a strong third quarter as orders grew, and margins continued to improve from a year ago. Adjusted GE Industrial organic profit increased 54% year-on-year, organically, driven primarily by increases at Aviation and Power, partially offset by decreases at... Ward Hill, Massachusetts-based Cedar's Mediterranean Foods is recalling Cedar's Organic Mediterranean Hommus citing undeclared pine nut, an allergen, the U.S. Food and Drug Administration said. The Cedar's Organic Mediterranean Hommus is packaged in a 10 oz. plastic container, with a UPC Code: 044115403028. Shares of UBS Group AG were gaining around 2 percent in Swiss trading after the banking major reported Tuesday higher profit in its third quarter with growth in net interest income. Further, the company said it intends to repurchase up to $0.6 billion of shares during the fourth quarter. The company will provide strategic update on February 1, 2022.
RELATED NEWS
Follow RTT