Aveva reports H1 revenues of 69.9 million, down 6.6% from 74.8 million a year earlier.
The hurting point: revenue in Asia Pacific falling by 24% due to lower initial license fees from the lack of new ship orders and stalled expansion of yard capacity.
Some notes on the regions:
The hurting point: revenue in Asia Pacific falling by 24% due to lower initial license fees from the lack of new ship orders and stalled expansion of yard capacity.
Some notes on the regions:
Operationally the first half has seen strong growth in Russia and Eastern Europe contrasted by difficult trading conditions in Central Europe, where the lack of visibility of new projects is impacting the Oil and Gas and Power markets.
The first half performance in the Americas was mixed with a strong performance in Latin America and continued difficult trading conditions in North America and Canada.
Source.
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