TXT: Revenues +13%
January 14 2014 - 6:06AM
Italian Regulatory (Text)
PRESS RELEASE
TXT e-solutions: 2013 revenues +13% and 54 million orders. Revenues
in Large Retailers' & Luxury Goods' sector grew 20%.
Milano, January 14, 2014 In 2013 TXT e-solutions, global software
vendor focusing on large Customers in Retail, Luxury Goods and
Fashion, has recorded revenues in excess of 52 million, with about
13% growth versus 2012. International revenues account for about
55% of the total. Revenues from planning software for Retail,
Luxury Goods and Fashion companies grew 20% year on year. Total
orders in 2013 were in excess of 54 million, growing at a higher
rate than revenues. In 2013 TXT gained orders for software Perform
by 10 leading companies in the Luxury Goods and Retail sectors in
Europe and 5 in North America, including Devenlay-Lacoste (F),
Delsey (F), Sephora (F), Value Retail (UK), Fat Face (UK), Valeo
(D), Norafin (D), Ad van Geloven (NL), Miroglio (I) and Bata (CH)
in Europe and ThirtyOne Gifts (USA), Holt Renfrew (CAN), Samsonite
(USA), Modells' (USA) and Urban Outfitters (USA) in North America.
In 2013 active customers numbered approximately 350, spread among
the Luxury, Fashion, and Retail sectors, with more than 100,000
points of sales and sales channels throughout the world. Over 50
projects were completed and became operational in 2013. Net
Financial Position, 6.3 million positive as at 30 September 2013,
has risen to 8 million as at December 31, 2013, due to good
quarterly cash generation and net of payment of dividends of 2.1
million. We forecast a growth of EBITDA, compared to both the
fourth quarter 2012 and full year 2012. The Board of Directors will
meet on March 4th 2014 to approve the results of 2013. TXT share
price has grown by 188% during 2013 from 6.30 per share to 18.14.
Shortly TXT will distribute a new free share for every share held
as of January 31, 2014 (shares will start trading ex-dividend from
February 3, 2014). "The 2013 performance persuades me that
"end-to-end planning" software of TXT is becoming essential to
International Luxury, Fashion and Specialized Retailers: everybody,
in the current economic scenario, needs to improve margins and can
achieve it only by monitoring and managing assortments and sales
"end-to-end". At the moment Mr. Alvise Braga Illa, TXT's
Chairman, has stated we are at the Annual Convention of the
National Retail Federation in New York, where we can confirm the
distinctiveness and value of our offering and strategy, presented
to over 40 large retailers."
TXT e-solutions S.p.A. Via Frigia, 27 - 20126 Milano (Italy) Tel.
+39 02 25771.1 Fax +39 02 2578994 www.txtgroup.com
PRESS RELEASE
TXT e-solutions is an international specialist in high-value,
strategic software and solutions for large enterprises. The main
business areas are: Integrated & Collaborative Planning
Solutions, with the TXT Perform Division, especially for Luxury,
Fashion, Retail and Consumer Goods; Software for Complex Operations
& Manufacturing, with the TXT Next Division, for Aerospace,
Defence, High-Tech and Finance. Listed in the Star Segment of Borsa
Italiana (TXT.MI), TXT is based in Milan and has offices in Italy,
France, UK, Germany, Spain, Canada and Australia.
For information:
TXT e-solutions SpA Paolo Matarazzo CFO Tel. +39 02 25771.355
paolo.matarazzo@txtgroup.com
TXT e-solutions S.p.A. Via Frigia, 27 - 20126 Milano (Italy) Tel.
+39 02 25771.1 Fax +39 02 2578994 www.txtgroup.com
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