AVEVA’s F12 ahead on all counts

It’s hard to come up with a single headline. Total revenue: £195.9 million, up 13% and ahead of analysts’ forecasts of £192 million. Profit before tax of £62.3 million versus median estimate of £61.5 million. Cash balance of £178.9 million against...

AVEVA’s fiscal 2012: “strong finish”

AVEVA today offered a sneak preview of its performance during the September 2011 – March 2012 portion of their fiscal year. Full results will be announced on May 28. The wording of the announcement makes it a bit difficult to parse, with not-particularly-glowing...

DS strengthens composites sim

Dassault Systèmes today announced that is has acquired Simulayt Limited, a provider of composites and advanced draping simulation technology. We all know composites are where it’s at in terms of reducing weight while meeting performance requirements, so this...

AVEVA making steady progress

AVEVA released an interim statement today, in which it briefly goes over business trends seen in the June quarter (AVEVA reports in more detail twice a year). The statement used words such as “further growth”, “strengthening” and “steady progress” — so while no...

PP&M: Solving Complex Problems

My head is spinning after 2+ days at Hexagon’s first user conference since the close of the Intergraph acquisition. This is one complicated company!  First, a couple of general impressions, then some detail from the PP&M keynotes. I attended Monday’s investor...

AVEVA has a banner F2011

AVEVA today announced that revenue for the year ended March 31, 2011 grew 17% to a record £174 million, with strong performance in the oil and gas vertical and in Asia. Three percent of growth came from acquisitions (ADB and Logimatic’s MARS business last June), which...

Hexagon says 2011 off to good start

Hexagon AB today reported an 18% increase in organic revenue but a 77% increase when including last year’s Intergraph acquisition — which led to a near-doubling of reported earnings before taxes. Hexagon is a complicated business that, in the last year alone,...

AVEVA says all’s still ok

AVEVA released one of its cryptic interim statements today, in which it said that fiscal 2011 was “in line with expectations” and that all was “consistent with trends” discussed in an (equally cryptic) January 2011 statement. I shouldn’t pick on AVEVA; this...

Bentley engineers the wind

Last month Bentley Systems announced the acquisition of the SACS business from Engineering Dynamics, and most people said, who? There wasn’t time then to answer the question, but today we can catch up a bit. Engineering Dynamics, Inc. was founded in 1973 by three...

Intergraph PP&M thrives

There are a lot more than six sides to Hexagon AB, the Swedish holding company that last year added Intergraph to its portfolio. Hexagon’s network of nearly 50 subsidiaries focus on measurement and design of objects as small as microchips and as large as power plants...