Contract Journal (17 December 2008)

BIW sees profit double to £1.1m

BIW Technologies, the provider of online project control software, has doubled its pre-tax profit to £1.1m.

BIW has mooted the possibility of floating the business on AIM, the junior portion of the Stock Exchange, next year.

The latest financial figures cover the 12 months to 30 September 2008. In the previous year there was a £560,000 pre-tax profit on turnover of £5.7m. The latest turnover is higher at £8.4m.

The widely-used project software system is in use in the UK, Europe and Middle East.

(Longer online article available here; see also original BIW news release)