Globo goes for growth

Fears that political turmoil in Greece would weigh on Globo (GBO) proved unfounded as insatiable demand for enterprise mobility solutions fuelled a 41 per cent rise in first-half operating profits to €23.2m (£17.2m). The software group also bowed to market pressure by directly expensing research costs, and moved almost all of its cash reserves to safer banks. Investors sent its shares up 9 per cent on results day.

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