Integralis hails robust market after solid H1

Security integrator's results for first six months of 2008 show growth in revenue and profit

Graham Jones: Total order volumes have reached their highest ever level in the first half of 2008

After posting solid growth in both turnover and profit during the first half of the year, integrator Integralis has claimed the security market remains in robust shape.

Second quarter turnover rose 17.1 per cent to €41.1m, (£32.75m), while figures for the whole first half of the year showed an 18.4 per cent increase to €80.4m.

Operating profit for the first six months of the year rose 51.1 per cent to €1.6m.

The UK was the company's most successful region as revenue stood at €34.8m, an increase of almost a quarter on the first half of last year. US revenue was €12.5m and the remainder came from Germany, Austria and Switzerland.

Graham Jones, Integralis' UK managing director, said: “Despite worsening of global macroeconomic conditions in the second quarter of 2008, the IT security market remains robust, with the IT services market set to expand by 9.5 per cent this year. These results demonstrate the success of our strategic move to invest in and further develop and expand our managed services (MSS) operation.

“The dampened global economy has not impeded the Integralis journey towards a sustained improvement in profitability. Total order volumes reached their highest level ever in the group’s history in the first half of 2008 and Integralis UK has recently gained the largest MSS contract ever in its history.”