Thirdforce shares surge as operating profits rise 160%

THIRDFORCE, the Irish e-learning company reported a 160% surge in operating profits to €2.6 million for last year.

The company however said this year will be a challenging one given the changing dynamics of the e-learning market, uncertainty over customer purchasing as a result of the general economic downturn and the continuing weakness of both sterling and the dollar against the euro.

But last year was described as “a year of transformation” for the group.