Increasingly deregulated world energy markets are a big prospect for MMT Computing Plc, the UK-based software and consulting company. Having already prospered in its domestic market, MMT expects to announce a big order in the European community and is also building up a team in the US to further sales there.
MMT made a strong start to the current year with mid-term net profits up 17.9% to 3.2m pounds ($5.2m) on revenue 26.7% higher at 21.5m pounds ($34.8m). The company found conditions in its home market less buoyant and its derivative systems business found expansion difficult, though management is optimistic about opportunities for significant orders.
