Infinigate confirms €5bn target after double-digit revenue spike
The Swiss distributor shared results on the up in all territories
Switzerland-based distributor Infinigate shared a 17.5 per cent year-on-year revenue increase, reaching €2.7bn (£2.27bn) in 2024-2025, compared to €2.3bn the year prior.
Revenue in Europe grew nine per cent despite challenging macroeconomic conditions.
In the Middle East and Africa, Starlink, the Dubai-headquartered VAD acquired by the company in 2022, climbed 26 per cent year-on-year.
In APAC, Wavelink, the distie bought out by Infinigate last year, saw its revenue increase 35 per cent year-on-year.
Dennis Ferrand-Ajchenbaum, Infinigate’s chief growth officer, previously told CRN that the deal will allow the firm to grow to more countries, particularly Southeast Asia.
“We have delivered strong results for the last financial year, despite an unstable macro-economic background, maintaining our growth trajectory towards our €5bn revenue target for financial year 2027-2028” said Klaus Schlichtherle, CEO of the Infinigate Group.
“Our MEA and ANZ teams are leading the growth trend we are working to emulate in Europe.
“We have the talent and potential to build on this growth in close partnership with our channel and vendor partners especially given the projected growth in the cybersecurity market overall.”
Kristiina Leppänen, CFO at the Infinigate Group, added: “We have achieved remarkable results for the past financial year, continuing to grow both organically and acquisitively thanks to our employees’ talent and commitment, strong alignment with vendor and channel partners, and rigorous financial management.”
Leppänen is to be step down from her role as CFO, and will be replaced by Thierry François, previously CFO at Devoteam.
The €5bn target was set in 2023, a goal the company aims to achieve through organic growth and acquisitions.
The positive results in Europe come after the company double down its focus on the region over the last 12 months.
In May 2024, Infinigate became Sophos’ largest EMEA-wide distribution partner.
In November, the distie expanded its partnership with cloud vendor Cloudflare in Austria, Switzerland, the Benelux, France, the Nordics, the UK, and Ireland.
Last month, it collaborated with Exabeam in the DACH region.