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Eleco grows recurring revenue helped by strong European presence

Eleco grows recurring revenue helped by strong European presence

Eleco PLC (AIM:ELCO)'s CEO, Jonathan Hunter discussed solid first-half progress for the construction software specialist.

The company specialises in all stages of the 'building lifecycle': from planning and design, to construction, facilities management and support.

Driven partially by its strong presence in Europe and the development of its subscription model, recurring revenues rose by 9%.