Milestone Systems Delivers Strong Revenue Growth In 2017

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    • Jay Bartlett
      Keymaster

      Milestone Systems once again delivers strong results as indicated by the 2017 financial report. A solid growth of 24% over 2016 was achieved. Strong growth rates enabled by best-of-breed and flexible solutions from Milestone Systems’ open platform community. Net revenue was DKK 881M (EUR 118M), an increase of 24% compared to 2016 and operating income before depreciation and amortization (EBITDA) resulted in DKK 246M (EUR 33M), corresponding to an increase of 103%. Net income reached DKK 117M (EUR 16M).

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