Software firm First Derivatives increases turnover

A software and consulting firm with its headquarters in Newry, County Down, has said it is continuing to grow.

First Derivatives has announced its half-yearly performance on the stockmarket.

Company turnover has increased to £27.6m, up from £22.4m in 2011 and at £4.1m its operaing profit has increased by 14.2% over the year.

The firm has recently acquired three other companies and issued an interim dividend of 3.1p per share.