Software firm cuts losses to €3.3m

BANKING software group CR2 managed to reduce its losses last year and sales in 2005 are running ahead of target.

Software firm cuts losses to €3.3m
Mon, 01 Aug, 2005 - 01:00
Ian Guider

Losses for the year to end June 2004 were €3.3 million, down from €12.3m, according to accounts just filed.

The company said this was because it cut operating expenses. Sales also showed a small increase, rising from €11.4m to €12.8m.

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