Xero Profit Seen Rising 70% as CEO Cassidy Pushes Growth Agenda
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Xero Ltd., which offers accounting software for small businesses, sees opportunities for further growth as countries push the digitization of functions such as payroll and tax, Chief Executive Officer Sukhinder Singh Cassidy said.
“We participate in a sector that globally has low penetration – small businesses digitizing software services,” Cassidy said in an interview with Bloomberg TV on Friday. “As countries continue to push digitization, that’s the biggest tailwind in our business,” she said.