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Microcity's H1 revenues up 12% year-on-year

Bnamericas Published: Thursday, October 03, 2013
Brazilian IT firm Microcity recorded revenues of 47mn reais (US$22.6mn) in the first half of the year, climbing 12% compared to the year-ago period, local IT news site Baguete reported. The firm attributed the growth in the first half to higher sales in the northeastern region as well as in the interior of São Paulo state, according to the report. For full 2013, the firm expects its revenues to reach 110mn reais, which will represent an increase of 20% compared to the previous year. Microcity also expects the mobility segment to account for 20% of the firm's overall revenues within the next two years. Founded in 1984, Microcity's portfolio is mainly focused on network and desktop IT infrastructure outsourcing. Some of the company's clients are TAM, Eletropaulo, Nokia Siemens, Firjan, SESI, Unimed BH, Unimed Porto Alegre, SBT, Paschoalotto, Brinks and Drogarias São Paulo.

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