Navision Executes At a Slower Pace
P.J. Jakovljevic - October 26, 2000

Event Summary

In September, Navision Software a/c (CSE: NAVI.CO), a Danish provider of enterprise business solutions for mid-sized companies, released annual report for fiscal 2000 that ended on June 30, 2000 (See Figures 1 and 2). Navision Software achieved 36.8% annual revenue growth in fiscal 2000. Navision Software's solutions are sold exclusively through a worldwide network of close to 1000 partners called Navision Solution Centers (NSCs), whose number increased by 170 compared to the previous year. The company currently has local representation in 24 countries as well as more than 41,000 installations in 108 countries, and derives 83% of its revenue from the international market outside of Denmark...