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FOURTH QUARTER SPURS PRODWARE Featured

ProdwareThe Prodware Group reported a 12.1 percent-increase in revenue for the fourth quarter ended December 31 pushed it to a 4-percent increase for 2015. Revenue for the France-based group hit about $201.7 million for the recently ended year, up 6.7 percent on a like-for-like basis. About 48 percent of revenue for 2015 came from French-speaking areas that include North Africa with sales in that area increasing by 14 percent.

However, that represents a shift as international revenue other than from that area comprised 52 percent of revenue, up from 49.8 percent in 2014. The company does not report earnings with its initial release of revenue. Those totals will come later.  With 1,450 employees, Prodware claims to be the largest Dynamics reseller in EMEA. The strongest countries outside of France and North Africa were Israel with revenue up 24.2 percent and Spain, which registered a 9-percent increase. It reported that Germany and Benelux were refocusing efforts on medium and large companies. Sales for Prodware products generated 34.7 percent of revenue, up from 34.4 percent in 2014 while SaaS revenue remained stable at 6.9 percent of the total.

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