CADMATIC posts robust growth for 2017

Posted on February 21, 2018

CADMATIC continued showing robust growth in 2017 with turnover increasing to 16 M€, an increase of 12.5%. In total, 78 new customers from 24 countries implemented CADMATIC Software during the 2017 fiscal year.

In the Marine sector CADMATIC has maintained its strong position in the market with growth driven, in particular, by new and existing European customers. The plant industry showed exceptional growth in all operating areas, with notable growth areas being the Indian nuclear and chemical industries and Chinese chemical industries.

During the year, CADMATIC completed deliveries to 51 countries around the globe, while its number of employees grew to over 120.

CADMATIC’s strong growth has also been recognized locally in Finland, where TiVi magazine recently listed CADMATIC one of the “Top 30 Growers” in the Finnish ICT sector.

“The fiscal year was good both with regards operations and profit level. We expect similar growth figures for 2018. In order to achieve this, we will continue developing and optimizing our global operations and increase our resources where necessary. Our ultimate goal is to be globally recognized as the developer and provider of the most intelligent, efficient and innovative software solutions,” says CADMATIC CEO Jukka Rantala.