Shares of RIB Software AG (HAM:RSTA, Financial), which provides unique, integrated and real-time project management software to the global construction industry, returned over 50% in the first quarter. RIB was able to dramatically shorten its sales process during 2013, from more than one year to just 100 days, resulting in strong contract wins. We expect this momentum to continue into 2014.
From Baron Funds' first quarter 2014 commentary.
