ARMADA PAO 
By 2013
December 12, 2013 Armada's revenue increased by 6% in 9M 2013Moscow, December 12, 2013 - Armada Group (MICEX-RTS: ARMD) hereby announces preliminary financial results for 9 months of 2013 (from January 1 to September 30, 2013).
The revenue of Armada for the first 9 months of 2013 and 2012:| mln rub. | 9M2013* | 9M2012* | Growth | ||||
| Software development and implementation | 826 | 587 | 41% | ||||
| IT services | 1,651 | 1,757 | -6% | ||||
| TOTAL | 2,477 | 2,344 | 6% |
* Based on the management accounting under IFRS, from January 1 to September 30 of each year.
The revenue of Armada Group consolidated under IFRS for 9 months of 2013 increased by 6% over the same period last year and amounted about 2.5 bln rubles. The main growth driver is the software development and implementation segment.
"The efforts of Armada's management are focused on strengthening of the company's leading positions on the Russian market of software development, implementation and maintenance", said Alexey Kuzovkin, Chairman of the Board of Directors of Armada
