Healthy 1st half revenue
Reporting its first half-year results for 2012, the CN Group announces revenue growth of 24% compared with the same period of 2011. The Group also showed 79% growth in pre-tax profit over that realised in the January-June period of 2011. This excellent performance is significantly higher than predicted at the start of the year. It demonstrates the success of CN Group’s strategic response to the difficult trading conditions caused by the financial crisis both within the EU and worldwide. It also underlines that, despite the crisis, European companies remain confident that outsourcing software development to partners within the EU (Nearshoring) is a prudent and successful business strategy.