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BRIEF-Altium says on track to achieve US$100 mln revenue goal in 2017

Published 18/11/2016, 08:37 am
BRIEF-Altium says on track to achieve US$100 mln revenue goal in 2017
ALU
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Nov 18 (Reuters) - Altium Ltd ALU.AX

* Confident of achieving US$100 million revenue goal in fiscal 2017 and on track to achieve US$150 million in pcb revenue by 2020 and US$200 million in total revenue by 2020

* Expects in FY17 sales and revenue growth of 10% or greater

* Expects increase operating margin to 30% or more in FY17

* "Company well on track to achieve its previously stated target of US$100 million in revenue this year" Source text for Eikon: ID:nASX5C7ScT Further company coverage: ALU.AX

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