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    Mamut has 54th consecutive quarter growth

    Mamut has 54th consecutive quarter growth

    Mamut's acquisitions help growth the company in tough conditions

    Author Date published September 8, 2008 Categories

    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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