Half Year Results 

A solid opening for the new Aveva

A solid opening for the new Aveva

Predictably, the cost of Aveva’s (AVV) long-awaited merger with Schneider Electric has skewed the statutory results for the half-year – the first full period since the deal completed. However, the adjusted numbers paint a far rosier picture, with pre-tax profits climbing by more than 50 per cent to £60.5m and EPS up 41.4 per cent on a pro-forma basis.

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