TechnologyMamut has 54th consecutive quarter growth

Mamut has 54th consecutive quarter growth

Mamut's acquisitions help growth the company in tough conditions

Mamut, the accountancy software provider, has experienced growth for the 54th
consecutive quarter thanks its recent acquisitions.

The business grew by 14% in the second quarter of 2008 compared to the same
period in 2007.

The company was helped by its buyout of MYOB in the UK, software
houseKlubbenOnline, the business software providers, and Germany’s small
business technology provider, Lexware.

Eilert Hanoa, CEO at Mamut, said: ‘These projects will be integrated into the
Mamut Business Platform, the company’s software and services strategy.’

Our focus in the coming quarters is sustainable growth and profitability’ he
added.

Further reading:

Mamut
snaps up
MYOB
UK

Mamut
books 52 quarters of
consecutive
growth

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