Crimsonwing has just released the final version of the Annual Report 2011, which is available for download. Figures revealed that Crimsonwing had its best year ever with regards to revenue growth and other KPIs showed very positive results as well.

We are pleased to report steady progress at Crimsonwing in yet another year of exciting market conditions. Crimsonwing achieved excellent revenue growth in the period, recording its highest ever revenues at €14,303,568, that is 16.5% higher than last year (2010 - €12,280,942). This is all organic growth and demonstrates how Crimsonwing has made good progress.

Tying in with those positive results from last financial year, it is reassuring to see that the first quarter results from April to June of the new financial year are just as promising, with the comapny making good progress and a continued increase in demand for our solutions and services. The first quarter revenues are up by 23% at €3.8m (2010 - €3.1m). The trading outlook for the next quarter remains positive and we are looking forward to what the next year holds for Crimsonwing.

As we look to the future, Crimsonwing would like to thank its staff for their great commitment to helping us achieve this outcome, as well as our clients and shareholders for their continued support.

Please download the Annual Report 2011 here:  Annual Report 2011 (4.9 MB)

Other relevant information can be found in the Investors Relations Section, including previous Annual Reports and Interim Announcements.