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Graphisoft: sales drop, profit double on 2003

Graphisoft Rt's net income increased nearly twofold from Euro 2.6 million to Euro 5.1 million between 2003 and 2004, while its revenues dropped some 10% to Euro 26.5 million, the company reported today. However, Q4 saw an increase in sales, with revenues rising from Euro 7.9 million to Euro 8.4 million yr/yr. The full-year operating profit of the company improved nearly 7% on 2003, totaling Euro 3 million, whereas Q4 operating profit was 35.8% higher than a year before. In the same period, after-tax profit rose by 109% to Euro 2 million.