At times like these, when the chips are down and the markets are slow its great to find a company that moving forward, with new business also trading up with their share price. On Thursday VERO Software issued a first class set of their Final Results that gave me comfort to invest more funds. Follow the trend at www.shareclubuk.co.uk the share price has moved up at a steady rate over the last ten days.4

Welcome to the Vero Software thread, as I am a registered blind person I can only list an update each week on the thread as information comes in direct from the company, my stock broker and others in the market place. I welcome any contribution to the thread for the benefit of all.

Vero Software Plc is a company that creates and distributes software for aiding the design and manufacturing process in specific sectors of the industry. The specific sectors include the design and manufacture of plastic injection moulds, sheet metal stamping dies, progressive dies, shoe moulds, electrode production, multi-axis laser cutting, Wire EDM and others. These widespread product types are in turn to be found in a multitude of manufacturing industry sectors such as automotive, electronic, medical, white goods and aerospace.

Vero Software has offices in Italy, England, Japan, France, Canada, USA and China. The company now has a user base that numbers more than 20,000 and supplies products to more than 40 countries through its wholly owned subsidiaries and competence centres.

Vero trades its shares on the AIM the ticker is VERO there is indeed an opportunity to Buy for growth as the Share Price is trading at only 17.50p with a Market Cap of 6.61 million..

The most recent news from VERO is the Preliminary results for the year ended 31 December 2007
Financial and operating highlights:

Revenue increased by 15% to 12.7m (2006: 11.0m), representing record growth, [on a constant currency basis, turnover increased by 18% ]

EBITDA (earnings before interest, tax, depreciation and amortisation) increased by 40% to 1.9m (2006: 1.3m)

Operating Profit rose 30% to 1.3 million (2006: 1.0m)

Pre-tax profit of pound;1.1 million (2006: pound;0.9 million)

Basic earnings per share of 1.79p (2006: 1.51p), an increase of 19%

Successful integration of previous acquisitions resulting in the worldwide introduction of two new product sectors covering plastic flow analysis and complex laser cutting

A successful re-branding to the modernised Vero Software image which has brought significant additional recognition and acclaim

The shares are well worth holding as part of your portfolio should you be seeking to make profits on the back of the share price ///.

With the punters taking profits, VERO share price offers an opportunity to increase my stock holding. The price is right.

Key points from the Preliminary results from VERO Software indicates that the company is continuing their unbroken run of revenue growth and the fourth consecutive year of increased earnings. The share price is trading at a low price giving an opportunity to make profits. //

In addition to the positive results from North America, Europe was instrumental in providing growth with Germany, France and Italy all providing good revenue, these markets will give growth to the company, thats why I have invested in VERO Software an outstanding company with the right product in the right place at the right time.