{"id":4662,"date":"2017-09-07T14:05:47","date_gmt":"2017-09-07T08:05:47","guid":{"rendered":"https:\/\/www.ctrmcenter.com\/?p=15971"},"modified":"2017-09-07T14:05:47","modified_gmt":"2017-09-07T08:05:47","slug":"brady-results-commentary","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/","title":{"rendered":"Brady Results Commentary"},"content":{"rendered":"

Brady PLC released its results today for the 6 months to June 30th 2017. The company did four license deals in H1 2017 on a recurring revenue basis \u00a0and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: \u201cWe have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of
\nContinue reading Brady Results Commentary<\/a>. This article appeared first on CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Brady PLC released its results today for the 6 months to June 30th 2017. The company did four license deals in H1 2017 on a recurring revenue basis  and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: “We have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of<\/a>
\nContinue reading Brady Results Commentary<\/a>. This article appeared first on CTRM Center<\/a>.<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\nBrady Results Commentary | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"Brady PLC released its results today for the 6 months to June 30th 2017. The company did four license deals in H1 2017 on a recurring revenue basis  and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: “We have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of Continue reading Brady Results Commentary. This article appeared first on CTRM Center.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brady Results Commentary | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"Brady PLC released its results today for the 6 months to June 30th 2017. The company did four license deals in H1 2017 on a recurring revenue basis  and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: “We have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of Continue reading Brady Results Commentary. This article appeared first on CTRM Center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/\" \/>\n<meta property=\"og:site_name\" content=\"Commodity Technology Advisory\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-07T08:05:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gary Vasey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:site\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gary Vasey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/\"},\"author\":{\"name\":\"Gary Vasey\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/7bbe28e59e09a076a043cc6838fcedb4\"},\"headline\":\"Brady Results Commentary\",\"datePublished\":\"2017-09-07T08:05:47+00:00\",\"dateModified\":\"2017-09-07T08:05:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/\"},\"wordCount\":203,\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/\",\"name\":\"Brady Results Commentary | Commodity Technology Advisory\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\"},\"datePublished\":\"2017-09-07T08:05:47+00:00\",\"dateModified\":\"2017-09-07T08:05:47+00:00\",\"description\":\"Brady PLC released its results today for the 6 months to June 30th 2017. The company did four license deals in H1 2017 on a recurring revenue basis  and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: “We have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of Continue reading Brady Results Commentary. 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The company did four license deals in H1 2017 on a recurring revenue basis  and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: “We have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of Continue reading Brady Results Commentary. This article appeared first on CTRM Center.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.comtechadvisory.com\/blog\/brady-results-commentary\/","og_locale":"en_US","og_type":"article","og_title":"Brady Results Commentary | Commodity Technology Advisory","og_description":"Brady PLC released its results today for the 6 months to June 30th 2017. 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Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of Continue reading Brady Results Commentary. 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The company did four license deals in H1 2017 on a recurring revenue basis  and recurring revenues are now 68% of total sales in H1 – up 8% on the 2016 period. It has full visibility over 93% of 2017 full year revenues which are expected to be in line with analyst expectations. Ian Jenks, Executive Chairman, commented: “We have continued to take actions this year to move the business towards a solutions model focussed on growing recurring revenue to improve the quality of our earnings. Brady successfully secured a number of recurring revenue contracts during the period, and I am pleased to report that recurring revenue now represents 68% of total sales. Whilst our H1 results reflect the natural consequence of our transition process away from the legacy licence model, the actions we have taken in the first half of the year coupled with the actions we will undertake in the second half will allow the business to scale efficiently and deliver significant improvements in profitability in 2018 and beyond. With a high visibility of over 93% of our full year revenue and control of Continue reading Brady Results Commentary. 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