Best Quarter in Company History
Stuttgart, July 27th 2011 – Based on the preliminary group figures, Heiler Software AG, one of the leading providers of electronic product information solutions and catalog management systems, increased revenues in the third quarter of the 2010/11 fiscal year from €3.0 million to €4.7 million (+55%) compared to the previous year, making it the best quarter in company history.
Heiler Software saw particularly high growth rates in licensing income, which increased more than two-fold by a total of 137%. Maintenance revenues increased by 24%. Income from consulting also saw significant growth of 42%.
“During this fiscal year more than 30 new clients in our target market consisting of large companies chose to use a central product info platform in their multi-channel strategy,” says founder and CEO Rolf J. Heiler. New European clients include a number of companies in the Otto Group, Universal Music and Edeka. In North America companies like Yankee Candle, Harman and Lumens are relying on Heiler Software.
The company is raising its growth prognosis for the on-going fiscal year based on the positive business performance and is now expecting revenues to grow by 45% to roughly € 17 million instead of the previously expected figure of 35-40% to roughly €16 million.
The company will release the complete interim report on the second half of the fiscal year 2010/11 on 8/15/2011.