• / Free eNewsletters & Magazine
  • / My Account
Home>Hubwoo announces financial information for H1 2014

Related Content

  1. Videos
  2. Articles
  1. Benz: 7 Fund Favorites for the More Aggressive Retiree

    Retired investors with a stomach for more risk might consider easing into these funds, says Morningstar's Christine Benz.

  2. Benz: 5 Fund Picks for Conservative Retirees

    Retired investors can tilt their portfolios to the safer side with these funds, says Morningstar's Christine Benz.

  3. What Damage Can Rising Rates Do?

    Though some assets are more sensitive to interest rates, even a conservatively tilted diversified portfolio has historically been able to produce positive returns through rising-rate environments, says David Falkof of Morningstar Investment Management.

  4. Peters: Not Buying the New Kinder

    Kinder's reorganization brings upside potential, but even after the change, its payout coverage is too thin for conservative income investors, says Morningstar DividendInvestor editor Josh Peters.

Hubwoo announces financial information for H1 2014

Hubwoo announces financial information for H1 2014


- Revenue down 11% as compared to H1 2013

- EBITDA at 14% of Revenue, stable as compared to H1 2013

- EBIT positive

PARIS, Aug. 28, 2014 /PRNewswire/ -- Hubwoo (Euronext: HBW.NX), a leading provider of comprehensive spend management and business process collaboration solutions, today announced financial information for H1 2014, in accordance with the "European Transparency Obligations Directive" financial disclosure requirements.

Hubwoo Connecting Companies.

Greg Mark, Hubwoo CEO commented: "Although we are disappointed with the decline in SaaS revenue, we are neither surprised nor alarmed as we have been communicating for the past several semesters that this would occur. We are pleased, however, with the management of our costs leading to EBITDA at 14% of Revenue and an EBIT positive result. Net new sales remains our primary focus in 2014 as we work to reverse this recent trend in Revenue decline. Additionally, investment remains strong in our own intellectual property, especially around the automation of Source-to-Settle business processes."

  • Financial data

EUR Million


H1 2013

blog comments powered by Disqus
Upcoming Events

©2014 Morningstar Advisor. All right reserved.