“The first quarter 2023 revenue exceeded the budgeted value for this period by 25% because of increases in both the services and product segments. The first quarter set the tone for a potentially very successful 2023. The increase in consolidated revenue is based on several sources, one of them being the 35% organic growth of the main company in the Group – AROBS Transilvania Software – which continues to perform extremely well, both in the software services and at the product level,” said Voicu Oprean, founder and CEO of Arobs.
The first quarter financial results of Arobs include the financial performance of Syderal Polska, as of February 2023. Arobs bought the Polish company at the end of this January.
(English version by Loredana Fratila-Cristescu)