Jul 18th 2012 - Edison Investment Research today published a report on Brady (BRY.L, LSE:BRY, LON:BRY) entitled "Strong Deal Flow And Pipeline". In summary, the report says:
Brady has released an in-line trading update and says that revenue growth in H1 exceeded 30%. This growth includes just under four months contribution from Navita and five months from Syseca. Eight new significant licences were signed in H1, compared to six in H111; notably, the average deal size was more than double that of the corresponding period. The group appears to be weathering the weak economic backdrop well and management says it anticipates a very busy H2.
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