Retalix, the Israeli provider of integrated enterprise-wide software solutions for the retail food industry worldwide, has revealed that it expects to report Q1 revenues in excess of US$16m.
Operational profitability is expected to total over US$1m.
“Our customer focus and commitment to invest in leading-edge technologies have been key to maintaining the Company’s momentum in the marketplace,” said CEO Barry Shaked.
“Retalix continues to enjoy strong top-line visibility and healthy operating margins, even as we invest in developing the next generation of Web-based applications and e-marketplaces.”
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By GlobalData