CIDEON Increases Turnover to 51 Million Euro

December 2011: CIDEON AG, Europe’s leading provider of services and software in the field of engineering, has ended the 2010/2011 business year with a turnover of 51 million euro.

CIDEON AG looks back on a successful business year 2010/2011. After its record turnover of 45.1 million euro in the previous year, the consolidated sales for the business year ending on 31.10.2011 have increased to 51 million euro. This equals an increase in the company’s organic growth compared to last year of 13.1 %. All business divisions contributed equally to this positive result.

Clemens Voegele, chairman of the Marketing and Sales divisions, attributes this development to the continued consistent execution of its growth strategy by the CIDEON Group and the ongoing willingness of the customers to make investments.

In the business year 2012 the CIDEON Group plans to continue to strengthen its market position through an increased growth in all its business divisions.

Clemens Voegele chairman Marketing and Sales
(Picture CIDEON)


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