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Underlying figures positive for Aveva

The Cambridge-based tech group has increased capabilities and scale through M&A
Underlying figures positive for Aveva
  • Management points to net zero opportunities
  • Hefty amortisation of intangibles

Last month, Aveva (AVV) foreshadowed a 9 per cent rise in half-year revenues at constant currencies (CC). That includes an initial contribution from OSIsoft, a company previously backed by Japan’s Softbank (JP:9984), which was snapped up in a $5bn (£3.65bn) deal finalised in March.

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