Detroit/Stuttgart; February 15, 2011 – Heiler Software, one of the leading providers of Enterprise Product Information Management (PIM) solutions and catalog procurement systems, has increased its revenue by 44 % to 4.11 million euro in the first quarter of the financial year 2010/11 (10/01/2010 – 12/31/2010). That way Heiler Software reports the best ever quarter in the history of the company.
Particular high growth was recorded for software license revenues, with an increase of 162 %, compared with the figures for the same quarter last year. Thanks to the good order situation, the company also saw a significant increase in consulting revenues of 34 %. Maintenance revenues rose by 9 %, and hosting and Application Service Providing (ASP) by 2 %. This strong growth in turnover led to an increase in gross profit, compared with the previous year, from 1.65 to 2.25 million euro. The EBIT increased from to 0.34 million euro in the first quarter.
“Our dedicated international growth strategy through direct sales and certified partners make it happen. We have won a lot of new retail and manufacturing customers in North America and all over Europe”, says CEO and founder Rolf J. Heiler. “Distributors, etailers but also manufacturers realign their business models. They count on eCommerce and multichannel strategies. We help enterprises to turn their data into business, to increase eCommerce sales and fasten up time to market.”