Circle expecting a good year
Milano (Italy)-headquartered logistics software company Circle Group, a provider of digitisation solutions for port and intermodal logistics and international consultancy with a focus on Green Deal and energy transition, has reported its results for the first nine months of 2022.
The company, which is listed on the Euronext Growth Milan market of Borsa Italiana, achieved a consolidated value of production of EUR 7.4 million, 24% more compared to 9M/2021 (EUR 5.9 million).
The proprietary software products, also offered in SaaS (Software as a Service) mode on a cloud platform, witnessed a growth of 25%. The core software product, Milos federative services, posted an increase of 108%.
Luca Abatello, president & CEO at Circle, expressed his satisfaction with the figures and said: "We are concretely directing with our customers and partners the main actions on Next Generation EU, PNRR and Transition 4.0, which we hope will see further concrete steps at the turn of 2023.” (sh)