The parent company of integrator SCC and distributor SDG has defied the economic backdrop by posting a 10 per cent annual sales hike.
According to its unaudited results for the financial year to 31 March, privately held Specialist Computer Holdings (SCH) hauled in revenue of £2.75bn for the financial year to 31 March, compared with £2.48bn in the previous year. Although the group operates in mainland Europe, its UK business – which broke through the £1bn turnover barrier last year – enjoyed "particularly strong growth".
Operating profit rose by more than 50 per cent on the £22.9m recorded in its previous results in a year in which the firm claims to have ploughed significant investment into its cloud business.
In a statement sent to ChannelWeb, SCC managing director James Rigby said: "This has been our third consecutive record year for SCC in Britain, recording a significant growth rate that has ultimately resulted in our highest-earning year to date.
"I am particularly pleased that we have done so despite making significant investments in both people and facilities as we pursue our strategy of moving towards a more service-oriented model, which is a real tribute to the hard work and talent demonstrated by our people year in, year out."
After acquiring UK integrator Kavanagh in 2010, SCH dipped into its pocket again last year to buy French integrator LNA, which boasted a turnover of £58m.
SCH chief executive Sir Peter Rigby (pictured) said he was delighted with the results.
"Although market conditions continue to be challenging, our policy of continued investment in the group and its activities has paid off thanks to a combination of careful planning, savvy financial expertise and disciplined leadership," he added.
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