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Manhattan Associates Strengthens Position as Leading Supply Chain Execution Solutions Provider With Record Year in Europe; Investments in the Benelux, France, Germany and UK Pay Off With Record European Revenues for Manhattan Associates in 2002.

Publication: PR Newswire
Publication Date: 18-FEB-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Manhattan Associates, Inc. , the global leader in providing extended supply chain execution (x-SCE(TM)) solutions, announces record European revenues for both software license fees and services. These results were part of the Company's fourth quarter 2002 results, which were announced February 11, 2003, and which marked the thirteenth consecutive quarter that Manhattan Associates has met or exceeded the First Call consensus earnings per share estimates of the financial analysts covering the Company. Total European revenue for the year ended December 31, 2002, was a record $29.3 million, which represents a 33% increase over 2001 European revenues. For the last four years, the compounded annual growth rate for Manhattan Associates' European operations has been an impressive 67%,...

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