on the comeback trail....

It has taken Adacel 5 years to sort itself out from the Techwreck but it is now concentrating on its strengths and looks on the path to sustainable profits. Nearly half this years EBIT was recurring revenue which is making them less dependent on chunky contract orders. I have held these for 6 years and its satisfying that they are finally being recognised for the quality products they make....and that the company is managing itself far better than in years gone by.