Shares in risk management and trading software provider Brady surged to a 12-month high as the group beat City forecasts with a record 14 new contracts signed in the year. Chief executive Gavin Lavelle says the trading environment is improving, and 2012 has commenced with the "strongest ever pipeline", suggesting there is even more to come from Brady's shares.
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Much of this growth was spearheaded by Brady's growing global presence, with deals signed in new territories such as Singapore, Hong Kong and North Africa. In its established markets, sales from Europe, Middle East and Africa (EMEA) almost doubled to £14.7m, while sales from Asia Pacific soared to £2.6m, from £700,000 previously.