Tag Archive: Brexit

Mar 23 2017

Aconex shares plunge then plateau

Brexit uncertainty has affected Aconex’s projected growth, with the company’s share price tumbling as a result. It’s been an interesting couple of months for the Melbourne, Australia-based SaaS construction collaboration vendor Aconex. At the end of January, the company provided a half-year trading update and 2017 financial year forecast; there were changes to the executive team, …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2017/03/aconex/

Nov 01 2016

Newforma: collaboration more important than ever

Collaboration is now more critical than ever as British firms look to other global markets to understand how best to adapt post-Bexit, says Newforma. I talked to Newforma co-founder Jim Forester when he was in London recently. With the UK political establishment still in turmoil after the EU Referendum result, and the construction industry concerned …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2016/11/newforma-collaboration-more-important-than-ever/

Oct 28 2016

Aconex forecasts 39% growth

Melbourne, Australia-based SaaS construction collaboration vendor, Aconex, provided a trading update covering the quarter ending 30 September 2016 on Monday (25 October announcement). Gross cash receipts totalling Au$41.8 million (US$31.65m, £26.1m or €29.01m), showing an increase of 44% from the first quarter last year (clearly boosted by now including Conject revenues). Net operating cash flow …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2016/10/aconex-forecasts-39-growth/