Aug 09

cc-hubwoo H1-07 status

eProcurement, Service Providers    ---    2007 Jean-Philippe Massin, 1,902 views Add comments

End of July, cc-hubwoo released an update on its midyear results. You can find it here but only in french for the moment. From my perspective, the article unveils the following key points:

- 15,9 Meuros Revenue for H1. In line with cc-hubwoo BP, according to thisPress Release. To be honest, I’m quite surprised as the revenue target for 2007 has been announced at 40+ Meuros. How will the gap be closed? consolidating the revenues with Intersources?

- EDF and Michelin, 2 major clients, renewed their confidence to cc-hubwoo and have decided to migrate to SRM SAP cc-buy 4.0 under the ASP model offered by cc-hubwoo.

- cc-hubwoo acquired 5 new customers in H1-07 and looks confident about the stability and robustness of its revenue streams.

- Last but not least to notice: no news about cc-hubwoo’s status on their plan to launch a service for suppliers (supplier network).


Related Posts:
  • CC-Hubwoo 07Q1 revenue is in line with plan at 8M€
  • What future for cc-hubwoo?
  • I was right: cc-Hubwoo-Procuri partnership didn’t make any sense
  • Hubwoo tightens its belt
  • CC-HUBWOO announced black 2006-EBITDA at +500K€
  • CC-HUBWOO announced a revenue 2006 of €32.0 millions


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