NEWS18 November 2010

Kadence posts 59% revenue jump in July–September period

Financials UK

UK— Kadence International has seen a 59% increase in global revenue to $4.2m for the three months ending 30 September.

All regions showed growth, with US sales up 96% to $800,000 while revenue in Asia rose 25% to $1.7m.

Revenue for the first nine months of the year was up 55% to $12.3m – “a continued period of sustained growth,” Kadence said.

Simon Everard (pictured) the group’s global chairman said: “Following a record financial year in 2009/10, we are encouraged to see that the momentum has increased in 2010/11. Insight remains a highly valuable commodity and one that Kadence International delivers particularly well, setting the backdrop for consistent revenue growth.”

@RESEARCH LIVE

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