Strong growth and profitability during first half of 2012

Wirtek has just published financial results for first half of 2012. Revenue has grown by 60% compared to the same period of 2011 and the EBIT-margin is above 10%. The Board is very satisfied with these results.

Since the outset of the global crisis Wirtek has continuously adapted the business to the new situation and focused on building a strong nearshore outsourcing offering in Romania. This effort is now paying off and Wirtek has entered into cooperation with several new clients. Beginning of 2012 Wirtek’s fully-owned subsidiary in Cluj, Romania moved to new, larger facilities to accommodate the growth.

For the full year of 2012 the Board expects strong revenue growth compared to 2011 and a positive EBIT-margin.

The full financial status report for first half of 2012 is available for download here (in Danish).

About Wirtek

Wirtek A/S is a Danish consultancy services company with strong competences in outsourcing of software development product testing services. We provide our customers with flexible services of high quality at competitive prices from our Development and Test Center in Romania. Our competencies include web-based solutions and portals, mobile solutions as well as embedded systems. Wirtek focuses on building long-term customer partnerships and a win-win relation that creates added value for our customers.

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