In the six months to June 30, Calyx reported total sales of 29.4m euros ($37.5m), up from 18.3m euros ($23.3m) in the same period of the previous year. After stripping out revenue from acquisitions totaling 6.2m euros ($7.9m), the company’s sales were up 27% at 23.1m euros ($29.5m). Calyx also increased net profit by 85% to 1.2m euros ($1.5m).
Dublin, Ireland-based Calyx has acquired five companies since it raised an estimated 10.5m euros ($13.4m) through a listing on London’s alternative investment market in March 2005. These purchases include Convergent Systems, QCL Technologies, ITS Technology Services, Entropy Ltd and, most recently, two subsidiaries of Matrix Communications Group Plc in May this year.
