CCS Media celebrates record year

VAR smashes through £60m turnover target and has sights set on 2011 growth

VAR CCS Media is lauding its record FY 2010 results after hitting a 27-year turnover high.

The firm, which boasts 14 offices across the UK and covers a vast range of products, IT services and consumables, saw turnover hit £60m, a 14 per cent increase on the previous year.

Speaking to CRN, Terry Betts, managing director of CCS, said: "Every single product group grew last year, which was fantastic.

"Our services business has grown very well over the past 12 months, helped by our relationship with Dell. Hardware sales were also up and has helped translate into a net profit growth as well."

Betts said the record results place the company in a good position to pursue growth, both organically and through acquisition.

"We have put new systems in place, which is helping us to be more proactive, and the fact that we were recruiting last year is now paying dividends," he said. "We also have enough cash resources to pay for an acquisition, should it arise."

He added that if CCS did buy, it would be a services player and must be complementary to the existing business.

"There is not really that much out there at the moment and I do prefer organic growth," said Betts. "But we are not ruling anything out."

Looking forward, Betts said he expects 2011 to see more growth of between 10 and 15 per cent.