This York-based software licensing outfit's latest annual results cover an elongated 16-month period ending 28 February 2018 after it aligned its financial year end with new parent Bytes Technology Group, whose principal subsidiary ranks 13th. Revenues hit £173.7m, equating to £130.3m on an annualised basis - a 10 per cent leap year on year. Phoenix noted that the sales models available from vendors in its core software business are continuing to switch from on-premise to hybrid or pure cloud solutions.
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