Vision Critical reports ‘solid’ 2011

Revenue last year was up 17% to C$72m and chairman Angus Reid (pictured) said that “the company was profitable in 2011 – in line with board and management expectations”.

He added: “We are delighted with the continued growth of Vision Critical. To achieve almost 20% organic growth in a tough market is a testament to the strength of our product portfolio and our strong talent base of experts and implementation specialists.”

In his forecast for 2012, Reid predicted “continued robust growth” in revenue and profits and said that there would be “several major” new product launches and strategic appointments announced in the coming weeks.