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ANS Group experiences ‘exceptional' growth
Wed 8th Jul 09 - 7:00
ANS Group plc (ANS) has announced ‘exceptional' growth for 2008/09, reporting improved financial results for the eighth consecutive year.
ANS Group saw over £2 million increase in turnover to £12.3 million and a 13 percent improvement in operating profit performance to £1.2 million, despite pricing pressures and the challenges of the recession.
The strength of these figures comes as a result of a strategic focus on unified communications and collaboration solutions with Cisco and Microsoft and storage and virtualisation solutions with VMWare and NetApps, in addition to continued investment in its core networking and security business. ANS Group's managed services division also experienced healthy growth, and has now been developed into a 24/7 offering to drive the business forward in 2009/10.
Scott Fletcher, chairman and founder of ANS Group, said:
"This has been an exceptional year of growth, and we have been rewarded for a focussed strategy and a company-wide determination to build our business. Against the backdrop of a recession, the results are even more impressive, and the achievements of the whole team have been truly outstanding. We are actively looking to grow our sales and technical teams this year to complement the exceptional staff we already have. ANS is a great opportunity for the right candidates.
"Our performance and the substantial cash reserves we have built will put us in a very strong position for the year to come, and we hope to use our success as a springboard for even more growth."
ANS Group recently implemented an encryption system for the South West Strategic Authority which will be in operation across the country in six NHSTrusts, while in June the company was appointed by the Guinness Partnership to provide consultancy and technical expertise to assist with the IT systems in a merger of five housing associations.
To view the full Chairman's report please click here.