Pan-eurozone distie Exclusive Group sets eyes on €1bn prize
French-run biz banks a fat 2012, plans to grow
Exclusive Networks, a pan-European IT distie, has announced fat revenue growth of 30 percent in its annual report for 2012.
The French company said its revenue of €279m (£240m) for the year gone beat expectations, and claimed it was up a third on 2011's revenue of €214m (£184m).
Yearly profits were said to be up by 22 percent from 2011, although Exclusive Networks, which is privately-owned, wouldn't disclose the exact figures. Spokesman David Evans claimed that margins and net profits were above the industry average.
The UK and Germany proved to be big earners for Exclusive and revenue was up across all the 14 countries where Exclusive operates. Revenues in the Germany, Austria, Switzerland region enjoyed a 41 per cent increase from the year before, we're told, and revenue in the UK was up by 24 per cent on 2011.
Security products did particularly well for the distie.
CEO Olivier Breittmayer said he planned to plough the profits into growth and take Exclusive to being a billion-euro company by 2017.
Breittmayer trumpeted his company performance in a canned statement: “We began 2012 with a bold statement that it was the Year of the SuperVAD [Value Added Distributor]. Our instincts have been proven right."
The group boasts it has more than 4,200 resellers on its books and employs 310 people operating in 14 countries. The biz did not publish a full report but a summary is available. ®