Sopheon revenue and profits above forecasts

Software provider Sopheon expects revenues, EBITDA and pre-tax profit for the year ended 31 December 2017 will exceed market expectations.

It said momentum and enhanced market recognition of the company's product set, revealed in its interim report on 24 August, has again translated into solid growth, with particular strength in the closing quarter of the year.

The group expects improved recurring revenue and visibility into 2018.