Published on: July 16, 2013
H1 on Track
StatPro has this morning given a trading update for its H1 to the end of June. Performance is described as “in line with market expectations”, and the detail suggests that Revolution continues to gain traction. We note that the client win-rate (a slightly blunt instrument in analytical terms, but maybe useful nonetheless) has accelerated from 22 in Q1 to 42 in Q2. Net cash appears well on track, and a further modest positive is provided in the partial resolution of the long-running SiSoft deferred consideration dispute.