Kelway has celebrated its tenth consecutive year of growth in style with turnover crashing through the £500m mark to £526m for its FY 2013/14.
The London-based VAR saw its services revenue increase 30 per cent from £55m in 2013 to £71.4m, and a 45 per cent hike in datacentre infrastructure market share to £247m, up from £170m last year. EBITDA also rocketed by 73 per cent to £29m, the firm revealed.
Phil Doye, chief executive of Kelway, said the firm was well on the way to becoming a £1bn business within its proposed three-year timeframe.
“We are delighted to have crossed the £500m barrier, and our attention remains focused on meeting our corporate goal of achieving £1bn revenue,” he said.
“The company was built on an excellent reputation in solutions sales and international logistics. We are extending our leadership in the UK market with our broad range of capabilities, as well as targeting an expansion of our customer base across EMEA and APAC. In the next three years we fully expect to be a £1bn business.”
Dan Laws, managing director of Kelway, added: “Through aggressive gain in market share in the datacentre infrastructure market, coupled with our services portfolio, we have achieved very compelling growth this financial year.
“Kelway has invested to stay ahead of the curve – our ServiceWorks cloud computing platform, for example, which was designed and built by our team from the ground up, is proving to be an invaluable commercial proposition.”
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