ComArch consolidates hold over CDN and post good Q3 profit

This market, which has an estimated value of zł. 400 million, and over 150 competing companies, is currently 6% controlled by ComArch. Thanks to this acquisition, the company plans to increase its sales this year by 20% to zł. 25 million, and hopes to post a net profit of zł. 2.5 million. Following the merger, CDN will be responsible for Enterprise Resource Planning software for large and medium enterprises. CDN has closed the third quarter with a 28% increase in revenues compared with the same period last year. The company's net profit stood at zł. 984,000 which is an increase of 219%. ComArch in turn recorded revenues of zł. 101.2 million, which is a 15% increase, and posted a net profit of zł. 8.25 million, a rise of 104.2% on last year. (Rzeczpospolita, p. B5) A.K.