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Trading Update and Notice of Results

25 Oct 2018 07:00

RNS Number : 0918F
AVEVA Group PLC
25 October 2018
 

AVEVA GROUP PLC

 

Trading Update and Notice of Results

 

AVEVA Group plc ('AVEVA' or 'the Group'), a global leader in engineering and industrial software, provides a trading update for the six months ended 30 September 2018.

 

AVEVA continued to perform well during the first half of its financial year. The Group delivered low double digit revenue growth on a constant currency basis. This growth included the impact of good sales execution, with a number of contracts being brought forward into the first half and some benefit of upfront revenue recognition on multiyear rental contracts.

 

The integration of the heritage AVEVA and Schneider Electric industrial software business is on track, with progress made in putting cost savings initiatives in place, with the financial benefits of this expected to start showing in the second half.

 

AVEVA will announce its first half results on 20 November 2018.

 

 

Enquiries:

 

AVEVA Group plc

Matt Springett, Head of Investor Relations

Tel: 01223 556 676

 

FTI Consulting LLP

Edward Bridges / Dwight Burden

Tel: 020 3727 1000

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
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14th Dec 20223:20 pmRNSForm 8.3 - AVEVA Group plc
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14th Dec 20229:00 amRNSForm 8.5 (EPT/RI)
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13th Dec 202212:26 pmRNSForm 8.3 - AVEVA GROUP PLC
13th Dec 202211:11 amRNSForm 8.5 (EPT/NON-RI)-AVEVA Group plc
13th Dec 202211:06 amRNSForm 8.5 (EPT/RI)-AVEVA Group plc
13th Dec 202210:27 amRNSForm 8.5 (EPT/RI) - Aveva Group plc
13th Dec 20229:15 amRNSForm 8.5 (EPT/RI)
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12th Dec 20223:20 pmRNSForm 8.3 - AVEVA Group plc
12th Dec 202212:44 pmEQSForm 8.3 - The Vanguard Group, Inc.: AVEVA Group plc
12th Dec 202212:36 pmBUSForm 8.3 - AVV LN Equity 09-December-22 Increase in Traded Position Disclosure
12th Dec 202210:36 amRNSForm 8.5 (EPT/NON-RI)-AVEVA Group plc
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9th Dec 202212:14 pmBUSForm 8.3 - AVV LN Equity 08-December-22 Increase in Traded Position Disclosure

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