StatPro (LON:SOG) - Resilient performance in H112
Jul 12th 2012 - Edison Investment Research today published a report on StatPro (SOG.L, LSE:SOG, LON:SOG) entitled "Resilient Performance In H112". In summary, the report says:
StatPro has performed in line with our expectations in H1 in spite of the tough economic backdrop. Uptake of Revolution appears robust, with 100 customers now signed up, up from 60 in March, including 10 fund administrator clients, which are effectively distributors and hence an important route to market for Revolution. StatPro Seven sales are also holding up well, with new customer sign-ups and improved renewal rates, despite the recent strategic sales shift to cloud services.
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