Britain's Most Admired by sector: Software & Computer Services
Monday, 30 November 2009
1 Autonomy 62.4
2 Aveva Group 62.1
3 Sage Group 56.7
4 Micro Focus International 54.7
5 Invensys 54.5
This year marks the reappearance of this sector for the first time since 2006. Autonomy scoops the top spot as demand for the search company's database product proved even stronger than expected. Revenues climbed 51% to £114m in Q3. Despite a 14% fall in profit to £26m, second-placed Aveva is on track to beat board expectations, with shares up 60%. Getting to grips with social networking hasn't done third-placed Sage any harm: UK MD Paul Stobart is a regular on Twitter. IT group Micro Focus International, which counts Tesco, Boeing, Barclays and Wal-Mart as customers, is having a bumper half-year; revenues to October 31 are expected to hit £117m.