Cognosec AB (Publ): Q1 2018 - Interim Report - Listing in New York coupled with strong revenue growth in Europe and two exclusive strategic acquisition agreements
Summary
Cognosec Europe has invested significantly in technologies surrounding our managed services offering and the result this quarter has developed revenue in this area.Working closely with Bank of New York Mellon (our Depositary Receipt sponsor) we have provided access to a level 1 ADR for investors, a significant milestone for the Group.Our modus operandi in this context is that we carefully select not for sale, financially sound companies that fit with the right ethos and values of Cognosec AB.Importantly, they fit seamlessly into our product distribution and professionals services spaces and these types of companies continue to be an area of extensive analysis for potential M&A in the future.Cognosec AB (Publ) is engaged in providing cyber resilience solutions and conducts its operations through physical presences in Sweden, South Africa, UK, Kenya, Germany, Austria and the United Arab Emirates.