Cisco NZ sales creep up in 2014, sees gains on growing IT reliance

Tue, 27 Jan 2015

By Paul McBeth Jan. 28 (BusinessDesk) - Cisco Systems New Zealand, the local unit of the global internet network group, lifted annual sales 4.3 percent in 2014, and expects to be well placed in the current year as an increasing number of firms demand greater services from web-based providers using the company's systems. Revenue rose to $24.96 million in the 12 months ended July 31, 2014 from $23.94 million a year earlier, while the net loss narrowed to about $537,000 from $723,000 in 2013, according to financial statements lodged with the...

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