Companies: MAO   

Software solutions provider Macro 4 is beginning to impress the market. Revenues fluttered up 24.6% to £38.7m (£31m) with profits before tax running up to £10.6m (£10.4m). The sales boost was built upon improved customer relationships, an expansion of the product portfolio and, more importantly, an increase in the customer base. Traditional mainframe systems provided the bulk of the sales rise, while encouraging growth was witnessed in open systems solutions. In the light of the Y2K issue, these results appear doubly impressive. The twin acquisitions of Viewpoint (for £20m) and Tracemaster (for £2m) are expected to enhance revenues in the future.