Press Review
Soaring demand boosts SQS
Financial Times, November 29, 2007SQS Software Quality Systems has raised its earnings forecasts for a second time this year as demand continued to soar for its software testing products.
SQS Software places 651,262 shares with institutions at 284.5 pence/share
Finanznachrichten.de, September 13, 2007SQS Software Quality Systems AG said its broker Altium Capital Ltd placed 651,262 shares in SQS with institutional investors at 284.5 pence per share, on behalf of some SQS employees who chose to exercise their share options.
SQS Software H1 adj pretax surges 168.9 pct; sees FY ahead of mkt view
Finanznachrichten.de, September 6, 2007SQS Software Quality Systems AG said its first-half adjusted pretax profit soared 168.9 pct driven by strong organic growth and acquisitive growth arising from the first-time impact of Cresta Group Ltd.
German Software Tester magnifies its revenues
The Independent, September 17, 2007It may come as a surprise to readers of Small Talk, but the overwhelming majority of software projects fail - in fact, almost as high a proportion of new software fails as new drugs. (...) As a result there is a lucrative market in software testing, (...) SQS trades on under 12 times forecast 2008 earnings; a fair price by most measures but very attractive for what is as close as it gets to defensive growths in technology.
SQS acquires in Austria
Megabuyte, August 20, 2007Anglo-German IT services company SQS has acquired Austrian IT company Triton for €4.4m up front in cash with a potential €11.1m deferred in cash and shares over the next two years. Triton, which is particularly strong in the insurance sector, reported profits of €1.4m on revenues of €4.8m for calendar 2006 and employs some 35 people.
SQS acquires in Austria
UK Technews, August 20, 2007SQS acquires Triton of Austria
Financial Times, August 21, 2007Forbes.com
[July 2007]SQS Software Quality sees H1 sales up considerably, in line with co hopes
SQS Software Quality Systems AG said it expects its first-half revenues to be 'considerably ahead' of the corresponding period of last year, in line with its expectations.
Financial Times
[July 2007]Contract success bolsters SQS
SQS Software Quality Systems expects half-year figures to be sharply ahead of last time, reflecting continuing demand for its testing software.
Dow Jones Newswire
[July 2007]SQS Software 1H Rev To Be Considerably Ahead On Yr; In Line
SQS Software Quality Systems AG Thursday announced that the strong performance reported in early May has continued and the Group expects to report first-half revenues to June 30 to be considerably ahead of the same period last year - in line with the Board's expectations.
Daily Mail
[March 2007]SQS Software
SQS Software jumped 15p to 231p after Altium Securities placed 1.5m shares
Financial World - Computing
[March 2007]Financial World
Testing services provider SQS reported increased annual sales of €78.9m (£53.8m), up 44 per cent from last year
Financial Times
[March 2007]Cresta purchase bolsters SQS
The acquisition of Cresta Group last summer helped SQS Software Quality Systems lift annual turnover 44 per cent to €78.9m (£53.7m) and pre-tax profit from €3.7m to €5.1m.
Financial Times (Web)
[March 2007]Cresta purchase bolsters SQS
The acquisition of Cresta Group last summer helped SQS Software Quality Systems lift annual turnover 44 per cent to €78.9m (£53.7m) and pre-tax profit from €3.7m to €5.1m.
Growth Company Investor
[March 2007]SQS Software Quality Systems - STRONG BUY
Europe’s largest software testing specialist, SQS, is growing almost four times faster than the IT services market and final results confirm it deserves more recognition.
AFX News
[March 2007]SQS sees FY adj pretax profit 5.3 mln eur vs 3.7 mln
SQS Software Quality Systems AG reported an adjusted full year pretax profit of 5.3 mln eur from 3.7 mln a year earlier.
Citywire
[March 2007]Software tester SQS targets cars while growth and profit nearly double
The boss at testing company SQS Software Quality Systems is keen to point out that a modern luxury sedan runs on about eight times as much computer code as Microsoft Office. SQS (SQS), which increased its turnover and pretax profit by 44% last year, wants to target the automotive industry as it consolidates its core European market.
Andrea Kirkby
[March 2007]Testing, testing, one two three
I chatted to testing group SQS today on their results. They're growing rather nicely - organic growth at 18%, well ahead of the IT market as a whole (5-6%). They're paying a dividend, something of which I heartily approve.
www.ovum.com
[March 2007]SQS shares up on growth
AIM-listed testing services provider SQS has reported its 2006 results. Revenue was up 44% to €78.9m. Organic growth, excluding the impact of acquisitions, was 18%.
Techinvest
[January 2007]SQS Software Quality Systems 192,5p
(SQS; AIM, Technology)
SQS said that trading in 2006 was well up with expectations as turnover surged by more than a third compared with the previous year.
Money Week
[January 2007]What will happen in 2007 - and how to profit from it
Tom Bulford, editor of the Red Hot Penny SharesNewsletter, looks back at his tips for 2006, and picks his top stocks for 2007
