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Strategic alignment of our activities and the steady climbing of Licenses activity
Licenses revenue, accounting for 73.5% of total Group revenue, totalled 61.9 million euros, up +14.4% in actual terms and +8.1% at constant currency rates. Business with the installed base increased by +11.2% to 49.6 million euros with a repeat business rate of 91%, compared to 85% in 2009/10. New Business recorded buoyant growth of +31.7% to 13.1 million euros, compared to a fall of 7% the previous year. This reflects the intensification in marketing efforts, with the arrival of new clients and sales of new products to existing clients.
Despite a difficult start to the year, Services revenue rallied and ended up growing by +6.2% in actual terms and +1.4% at constant currency rates, reaching 22.3 million euros over the year as a whole.
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