NetService sees 52% rise in FY turnover to BRL 105 million

Brazilian IT, telecom and automation integrator NetService reported total sales of BRL 105 million in 2011, an increase of 52 percent compared with 2010. Of the total, the company reports, 60 percent was generated by engineering services and 40 percent by managed services technology. According to the company, the strong growth is a result of the restructuring of the commercial board of NetService, allowing the implementation of a new business strategy. For 2012, the company seeks sales of BRL 130 million – a 24 percent jump compared with last year.