KBC Advanced Technologies: contract award saves the day?
News of a material contract award and trading update
News of a new software contract award from Petrobras, the state national oil company of Brazil, for the licensing of the group’s refinery simulation software, Petro-SIM™ has helped support full year guidance. The value of the contract is more than US$4m and the licences are granted for a period of three years.
Management commented that ‘Following receipt of this contract we are also pleased to confirm that we expect to meet current market expectations…
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