IT group drives revenues to record £1.8bn

Europe’s largest independent IT group SCC has announced record earnings for the fifth consecutive year driven by customer demand for digital services and cloud strategies.

SCC EMEA Group increased revenues by 9% in the year to March to a record £1.8bn, with EBITDA – a measure of operational profitability – increasing at the same rate to £45m.

James Rigby, SCC Chief Executive, said: “Performance of the business over the last year has been exceptional with growth and improved profitability in all our key trading operations.”

Strong performances from the UK, France and Spain have underpinned another year of record growth for the company.

France has the largest turnover of the group and was able to grow by £132m in the last 12 months – an increase of 13%. Long term relationships in the private and public sector have underscored growth in France. Customers include UGAP, the Ministries of Defence, Interior, Finance, Safran, Air France, Thales Societe Generale, AXA and La Poste.

Within the UK, growth in high value products was a key element of success alongside a strong performance in services. Key data centres in Birmingham and Hampshire completed major investment programmes and these two Tier 3+ locations are providing first class services to a range of customers.

Rigby added: “There is now a need for all businesses, whoever they are or whatever they do, to digitise their operations and outsourcing that requirement is an effective way to manage the continual investment needed for growth. We have invested over the past few years via our cloud services and data centres in anticipation of that demand and we expect to continue our current performance levels in the coming years.

“We will continue to invest in our capabilities and that means areas such as artificial intelligence and cognitive computing where we are already well-placed to meet customer demand.”