UK CAM software vendor Delcam issued a trading update today that characterized sales during the fourth quarter as “buoyant”. The December quarter is typically Delcam’s biggest revenue quarter, so this is very good news. The company reports that software license and maintenance sales were greater forecasted, and that strong performance was seen across major markets in Europe, Asia and North America.
This leads Delcam to the conclusion that the economic recovery is “firmly established”, and management “views the outlook for 2011 with confidence”.
Delcam had reported revenue of £31.8 million for 2009. The most recent London City forecasts had placed 2010 revenue at about £34 million, or an increase of 7%. Today’s news would seem to indicate that the company did even better than this August estimate.
More details are expected when Delcam announces preliminary results at the end of March.
Let’s hope this is the first in a series of buoyant pre-announcements. Who’s next?