The European resellers inspiring investor confidence

Josh Budd
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The European resellers inspiring investor confidence

It's not just UK-listed resellers that are enjoying a solid 2018 on the stock market, with European counterparts such as Cancom and Crayon also climbing

1) Devoteam

Share increase YTD: 30%

Current market valuation: €800.34m

Valuation at start of year: €595.53m

IT consultancy firm Devoteam had an incredibly strong start to the year, growing sales by 17 per cent to €161m, exceeding its organic growth target by 12.5 per cent.

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The company puts its lightening growth down to successfully growing its cloud, analytics and security capabilities. The firm has formed a partnership with Google, and acquired Dutch €18m-turnover DevOps firm TMNS in 2017.

Devoteam (whose CEO, Stanislas de Bentzmann is pictured right) is gunning for €1bn revenues by 2020.

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