Kelway announces record numbers
VAR’s revenue up 35 percent on 2010/2011 Financial Year
Kelway this week announced a 35 percent growth in revenues to more than £350m for the 2011/2012 Financial Year – an increase of increase of more than £90m.
This represents the eighth consecutive year of double digit revenue growth for the company.
The firm credits the “aggressive growth” of its managed services portfolio, which the London-based VAR says has helped to increase its market share and diversify its revenue streams.
“Kelway has focused on key areas which allow us to aggressively grow our market share,” says managing director, Dan Laws (pictured). “As well as extending the coverage of our service to new regions, we have made significant progress in developing our core offering in the UK and recently gained Microsoft Large Account Reseller status.”
The 2011/2012 financial year saw Kelway launch launched its suite of cloud services, ServiceWorks, as well as expand its datacentre presence in the Greater London area, with a view to bolstering its position as a provider of hosting and cloud services in the region.
The company has also pursued growth internationally, consolidating its operations in the Middle East and Africa, and has opened a new service delivery centre in Singapore. The recent acquisition of Business and Scientific Services Limited (BSS) strengthened Kelway’s position in the Irish market.
The 2011/2012 financial year also saw Kelway achieve a 17 percent increase in EBITDA, from £12.1m in FY11 to £14.2m in FY12.
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