Revenue boost in ‘transformational’ year for Kalibrate

Revenue boost in ‘transformational’ year for Kalibrate

SENECA portfolio company, Kalibrate Technologies, the Manchester-based provider of software-based products and services to the global petroleum industry, has posted a 19 per cent rise in its turnover and has appointed the founder of a private equity firm to its board of directors.

The business, which floated on AIM towards the end of 2013, has posted revenue of $28.8m (£17.9m) for the year to 30 June 2014 – up from $24.2m (£15m) for the same period last year.

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