StatPro Group plc announced trading update for the twelve months to September 30, 2018. In the 12 months to 30 September 2018, Group Annualised Recurring Revenue (ARR), increased by 3% to £54.8 million (September 2017: £53.1 million at constant currency), including the risk service of ODDO BHF, which was acquired on 1 July 2018. Underlying ARR growth for StatPro Revolution (excluding impact of acquired revenue and including conversions from StatPro Seven) was 16%.

The company provides profits guidance for full year 2018. The company expects revenue and profits continue to be in line with expectations for the current year.