Gentrack sees first-half revenue up 20% as new projects come on stream

Thu, 23 Feb 2017

By Paul McBeth Feb. 23 (BusinessDesk) - Gentrack expects first-half sales to rise about a fifth as a number of projects came on stream in the period, making up for any headwinds from a strong New Zealand dollar. The utilities software developer told shareholders at today's annual meeting in Auckland first half sales will be about 20 percent higher than the $18.5 million it reported in 2016, "with multiple projects going live" and offsetting "currency headwinds", according to presentation slides filed to the NZX. Auckland-based Gentrack e...

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