Astellia profit up 15% in 2008

France-based monitoring solutions provider Astellia registered a 15% net income growth to 2.8 million euros ($3.7 million) in 2008, giving the company a net profit margin of 12%.

Turnover for the year reached close to 25 million euros ($33.1 million) last year, representing a 20% jump from the year before.

Of this total, 66% came from the international market, while the balance was achieved in France. In 2008, Astellia secured contracts for expansions of its existing clients\' networks into other countries, as well as 17 new customer wins. It also opened sale offices in Johannesburg, South Africa and and Rio de Janeiro, Brazil.