Thursday, Aveva Group Plc (AVV.L), which provides engineering data and design IT systems, reports that it has had a good start to the financial year and is satisfied with the progress made so far, which is in line with the board's expectations for the period April 1, 2008 to June, 30 2008..
The company noted that demand levels remained high across its geographies and in all of the sectors in which the company operates.
The company said it has secured new customers in the Asia-Pacific and the Central, Eastern and Southern European regions. In the Americas and Western Europe, the Middle East and Africa markets, the company continues to see expanding opportunities in its traditional verticals as its customers expand usage and look to new solutions to increase efficiencies.
Aveva continues to be focused on developing a broad range of software products and remains optimistic about the group's growth prospects.
AVV.L closed Thursday's regular trading session at 1,381.00 pence, down 131.00 pence or 8.66%.
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