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Sales of the M3 product line were responsible for increases in the American operations of Columbus during the third quarter ended September 30.

The Danish reseller recently reported that growth came as revenue in this country from Dynamics sales decreased slightly. U.S. revenue for the most recently ended quarter was approximately $9.5 million, an increase of 9.5 percent and the largest percentage increase for the Columbus operations here in some time. Columbus reported net profit of roughly $1.6 million, compared to a small loss in last year’s corresponding period. Revenue rose to about $50.5 million, up 10 percent from a. year ago. There was about $26 million in revenue from the Dynamics product line, by far the largest segment of Columbus revenue. That represented a 9.8-percent increase year-over-year, up 17 percent organically. Total M3 revenue declined 3.7 percent to about $9.5 million, but that was sharply impacted by an 8-percent loss from currency changes. Organically, M3 sales were up .3 percent. CEO Søren Krogh Knudsen said the biggest market for the software is Sweden, which devalued its currency, causing a hit to revenue. However, Knudsen said M3 produced a larger than usual profit contribution. He noted the company had rebuilt its M-3 pipeline and the company’s quarterly report said Columbus trained  and graduated 26 new M-3 consultants during the reported period.

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