Integralis has posted a small rise in revenues in its first full-year results since its takeover by Japanese telco giant NTT.
The Prime Standard-listed security integrator logged revenues of €173.7m (£155m) in 2009, up by 2.9 per cent on 2008.
Losses at an EBITDA level hit €1.9m although that reverses to a €4m profit with exceptional costs stripped out – still down on the previous year’s EBITDA of €7.8m.
Talking to ChannelWeb, Integralis’ UK managing director Simon Church claimed it was a “solid” set of results and stressed losses were solely down to one-off items relating to “tidying up the business as we went into NTT”.
“We are comfortable with that growth given the state of the market in 2009,” he said.
The UK generated 40 per cent of Germany-based Integralis’ revenues in 2008. Church said that figure was no longer split out but maintained that the UK, along with the US and Asia Pac, were growth regions.
“We are putting a lot of investment in the UK and have seen an uplift in the number of people joining,” said Church - who has brought in a raft of new management since his arrival in August.
Although Integralis' technology sales dropped back 2.9 per cent, managed security services rose 12.9 per cent and consulting, integration and training pogoed 8.5 per cent.
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