Delcam reveals record profits

Manufacturing software firm Delcam yesterday revealed a record set of annual results, posting profits up 54 per cent to £5.1m on a 12 per cent rise in revenues to £47.1m.

The Birmingham-based company, which sells industrial design software for 3D modelling, said winning more business in emerging markets such as Russia, as well as a strong showing in the UK, had contributed to the performance.