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Printerland exceeds £50 million revenue

Printerland exceeds £50 million revenue

October 29, 2018

The printer and consumables reseller is on course to hit a turnover record for the 2019 financial year.

According to CRN, “the Manchester-based VAR has reported a revenue of £44 million ($56.4 million/€49.5 million) for its 2018 fiscal year, which was an increase of 19 percent on the £36.9 million ($47.3 million/€41.5 million) it reported in its financial year ending 31 March 2017.”

Printerland attributes this revenue growth to “significant expansion” in its Managed Print Services division, which it expects to “drive the overall business growth in the next financial year.”

The company’s workforce has also grown substantially in the last year, in order to support its burgeoning MPS programme.

Managing Director James Kight said: “Our aim is to exceed £1 million ($1.28 million/€1.12 million) of revenue per employee, and we are doing this by investing more than ever in our internal ERP, CRM and ecommerce systems. This is to improve our online presence and provide our ever-expanding client base with the best possible service.”

“As well as staying on the cutting edge of tech, we recognise the importance of nurturing existing relationships,” Kight added. “It is this balance which has driven such significant growth, and is sure to bring further success in the coming years.”

Categories : City News

Tags : Business Financials Manchester Printerland United Kingdom

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