Generix SA announced unaudited group revenue results for the third quarter and nine months ended Dec. 31, 2017. For the quarter, the company reported revenue of EUR 17,849,000 compared to EUR 15,942,000 a year ago. The group recorded 12% organic growth over the latest quarter, which was mainly driven by: 14% growth in SaaS activities; A 21% increase in Consulting and Services revenue triggered by the company`s strong international development in North America and Europe.

For the nine months, the company reported revenue of EUR 52,172,000 compared to EUR 45,546,000 a year ago.

The company announced that the performance observed during the precedent quarter confirms Group perspectives for the current fiscal year of a two-digit growth in activity and an improvement in profitability. Cash flow at December 31, 2017, continues to improve, benefiting in particular from enhanced profitability.