Gentrack affirms 2015 profit guidance, looking at acquisitions

Thu, 26 Feb 2015

By Paul McBeth Feb. 26 (BusinessDesk) - Gentrack Group, which develops utilities and airports software, affirmed its annual profit guidance said said it is looking at potential acquisitions in its core markets. Chairman John Clifford told shareholders at their annual meeting in Auckland there was no change in the software developer's strategy or its prospectus guidance for net profit of $9.3 million on revenue of $44.7 million in the year ending Sept. 30. The company will update the forecast when it reports first-half earnings in May. Gen...

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