GRAITEC Group News

GRAITEC Group News


GRAITEC announces excellent results for the first quarter 2006

Paris 20th of April, 2006 - GRAITEC, worldwide software developer of CAD and Engineering solutions for the construction industry, announces excellent results for the first quarter of 2006. The consolidated group results for the first quarter 2006 is 20% above the same period in 2005 with a 24% increase in profitability. GRAITEC Inc., the Canada/USA subsidiary, in particular has performed extraordinarily exceeding expected results and increasing gross revenue by +33% compared to the same period in 2005.

The entire CAD line of solutions in the last year have experienced sharp demand confirming an exceptional performance for 2005. Advance Concrete: +28% in France and +200% in Germany, Advance Steel: +33% in the USA and +15% in France.

« The groups engineering solutions have confirmed their leadership with varying growth rates between +18% and +51% » says Francis GUILLEMARD, Founder and President of the GRAITEC group. « In light of slow growth western economies, these results confirm that GRAITEC software is gaining market share in each respective region ».