Newry-based firm FDTplc made a pre-tax profit of £1.1m in the first half of 2022.
The firm, formerly known as First Derivatives, has focused on growing subscription sales of its KX software productsNewry-based FD Technologies made a pre-tax profit of £1.1m in the first half of 2022 on sales of £147m.The firm, formerly known as First Derivatives, has focused on growing subscription sales of its KX software products.
The company has three units: the KX software division, First Derivative services and consulting division and the MRP marketing technology division.Revenues at the KX business were up 19%, while the consulting business business saw revenue growth of 22%.Businesses in the technology sector use MRP as a tool to generate sales leads and so that division has suffered as technology businesses in the US have cut back on spending.
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