Vero Widens Its Net

Summary


Vero, the Gloucestershire maker of CAD-CAM software used by mould and die manufacturers in the motor and aerospace industries, posted a 40 per cent rise in first half pre-tax profits to pounds280,000 yesterday.

The Stroud group, which changed its name from VI Group to Vero last month, boosted turnover 10 per cent to pounds5.9 million while earnings before interest, tax, depreciation and amortisation were up 54 per cent to pounds610,000.

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Vero Widens Its Net

Chief executive Don Babbs said he wa...

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