Efforts to expand in connectivity paying off for Luxoft

Demand in the automotive business continues to add buoyancy to already strong growth for connectivity specialist Luxoft. In the first three months (ending 31 March 2016) total group revenue grew 23.2% year-on-year, and for the full financial year (starting 31 March 2015), automotive revenue grew 37%. Prior results told a similar story; for the nine months ending 31 December 2015, automotive revenue grew 39% year-on-year.