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Thursday, December 12, 2024

AVEVA Trading Update

Maritime Activity Reports, Inc.

October 20, 2008

Overall the Group's interim results for the six months ended Sept 30, 2008 are expected to show strong growth over the same prior year period.

The Group continues to experience strong demand in each of its principal end user markets of oil and gas, power and marine. Geographically Asia Pacific and Central Eastern & Southern Europe remain particularly strong with good customer wins across all our main markets.

With a less pronounced split of profits expected between the first and second halves of the financial year, the performance to date and current sales prospects give the Board confidence that the Group is on track to achieve results for the current year towards the top end of current analyst forecasts.

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