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31 January 2012

News - Trustmarque celebrate 176% revenue increase

By Ben Turner @ 12:49 :: 2160 Views :: 20 Comments :: Article Rating
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Infrastructure and software solutions reseller, Trustmarque, today announced that it has reported record financial results for FY2010/2011. The company achieved a 35 percent increase in Profit before tax and 26 percent growth in Gross Profit compared to FY2009/2010. Turnover also increased from £107m to £115m.

Trustmarque’s services business increased in revenue by 176 percent from £7.1m to £19.6m. A major highlight of the year was undoubtedly winning the coveted title of Services Provider of the Year for 2011 at the prestigious CRN Channel Awards. The award recognises how Trustmarque has worked tirelessly to build a service model and is committed to service-led customer engagement, bringing in some of the most skilled and highly-prized talent in the market to focus on addressing customer’s business challenges and developing the breadth and scope of its offering.

“This has been another strong year in Trustmarque’s evolution, supported by high margin growth and cash generation,” comments Scott Haddow, CEO for Trustmarque. “Our financial results for the Year 10/11 demonstrate the underlying strength of the business we have created and validate our strategy of focussing principal activities on software solutions and associated services that increase efficiencies and reduce cost for our customers. Investment has been critical to building the business and this is something we intend to continue in the coming years.”

In November 2011 Trustmarque launched its new graduate training scheme to recruit new talent into the business and mould future leaders of the company. Trustmarque also created a Learning and Development Academy to up-skill staff by developing their sales and general business ability. The Academy is designed to provide training in each of Trustmarque’s core service offerings to ensure employees have the technical understanding and market knowledge to enable them to better serve Trustmarque customers.

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comment By alicson katich @ 11 April 2012 08:51
This is really a good news for share holder of Trustmarque.That at the year end of 2010/2011 the revenue for the company increase by 176%. This shows the progress of the company.
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comment By legimon methew @ 29 June 2012 05:31
I like the approach Trustmarque take to the market and their customer base. They are highly focussed and very thorough and work in close partnership with customers and partners to deliver value and achieve full ROI for their clients.
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comment By jacobsmith @ 02 July 2012 09:47
Trustmarque has been winning the hearts of its customer and as a customer of Trustmarque is is great to them achieve so much and with so much dedication.
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comment By Albert white @ 04 July 2012 08:35
Trustmarque is one of the UK’s largest Microsoft partners and is certified at the highest level with Microsoft gold accreditations across multiple technology areas.
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comment By mike33 @ 23 July 2012 23:33
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