After joining the Alternative Equity Market in October 2017, Netex has experienced an increase in sales of 85.6%. The company continues working on the expansion and growth strategy established with the IPO two years ago. This strategy has focused on intensifying the investment in product development, strengthening our Marketing and Sales departments, and promoting the Partner Programme.
At the end of September 2019, Netex had increased its sales by 43.8% compared to the same date of 2018. These percentages are in line with the budget initially published for this year, which already reflected the increase in EBITDA achieving 20% in sales. In addition, the order backlog for 2019 is 63.1% higher than last year, since Netex has been awarded several relevant contracts, which strengthens the company’s growth for the coming years.