Sirma Group Holding Archives - Page 2 of 4

Sirma Group Holding sets up a subsidiary in Albania

21 February 2017

Sirma Group Holding (SKK BU) sets up a subsidiary in Albania, the Company announced in a statement to the stock exchange. The move is part of Sirma Group strategy to expand on the Balkans and grow its workforce as part of its sales expansion program in the US and Western Europe. Sirma SHA is the… Read more

Sirma Group Holding looking for a strategic partner in Ontotext

25 January 2017

Sirma Group Holding hires a consultant to explore strategic opportunities for Ontotext, the Company announced in a statement. The Company has hired a consultant, no immediate details on the mandate, to explore options in finding an external investor for Ontotext. The latter is Sirma’s key product company developing semantic web solutions used by clients in… Read more

Sirma Group Holding online Investor Day, 7th December 2016

Sirma online Investor Day: Management expects strong 4Q

8 December 2016

Sirma Group Holding expects strong 4Q16 enabling it to meet top line expectations, the Company’s management said in a regular quarterly online meeting with investors. CEO Tsvetan Alexiev added the Company’s plan is to grow the bottom line in parallel with the top line, yet considerable post IPO sales and marketing expenses to be a… Read more

Consolidated Q3 reports hint a profitable 2016

30 November 2016

Monbat Q3 net income surges 48% y/y Lead-acid batteries producer Monbat books 48% y/y rise in 3Q16 net income; 9M16 bottom line adds 10.5% y/y, according to the Company’s consolidated financial statements for 9M16. In 3Q16, alone, the Company booked BGN 6.6m of net income, up 48.8% y/y on rising volumes and LME prices. The… Read more

Investor Day: Sirma Group Holding expects stronger Q3 and Q4 2016

12 September 2016

Sirma Group Holding expects stronger Q3 and Q4’16 to compensate for the slower Q2’16, CEO Tsvetan Alexiev said during the regular results online Investor Day held September 8th 2016. The regular meeting with investors was focused on group H1’16 results. Alexiev explained new system integration projects in Bulgaria and development on US sales will lead… Read more

Sirma Group Holding aims USD 100m top line in 5-7 years

8 July 2016

Sirma Group Holding reiterates FY 2016 targets via US expansion; aims USD 100m top line in 5 to 7 years, according to the CEO Tzvetan Alexiev presentation at the regular company online meeting with investors held July 7th 2016.

Key takeaways from Sirma Group Holding’s AGM

16 June 2016

Sirma Group Holding (SKK BU) approved new management remuneration policy; continues with planned US expansion – these are some of the highlights from the regular shareholders’ meeting held June 14th 2016. Management annual pay defined The company’s shareholders approved a cap on management’s annual pay with a floating short and long-term remuneration linked to short-… Read more

Sirma Group posts 17% rise in group sales and net income, shareholders meeting on June 14

17 May 2016

Sirma Group Holding (SKK BU) reports 17.27% y/y rise both in group sales and net income, according to preliminary data the company revealed in a statement to the stock exchange.

Sirma Group opens an office in New York to speed up US expansion

1 April 2016

Sirma Group Holding

Sirma Group Holding (SKK BU) opens US headquarters in New York to speed up US expansion, according to a statement by the company. Sales expansion in North America has been among key goals of Sirma to be accomplished with the BGN 11.4m raised in an Initial Public Offering in Sofia in Sept. 2015. The company… Read more

Sirma Group Holding expects 100% y/y rise in net profit in 2016

10 March 2016

The leading IT developer Sirma Group Holding (SKK BU) expects 25% y/y rise in consolidated sales and 100% y/y rise in net profit in 2016, the company’s CEO Tsvetan Alexiev said in an online webinar with investors.