Kelway surpasses expectations and hits £350m revenue

VAR grows 35 per cent in its fiscal 2012

VAR Kelway claims it has surpassed its expectations by reaching the £350m revenue mark for fiscal 2012, marking the eighth consecutive year of double-digit growth.

The reseller, whose financial year ended on 31 March 2012, posted 35 per cent growth in revenue from FY2011's figure of £260m, as well as a 17 per cent rise in EBITDA from £12.1m to £14.2m.

Kelway's recent achievement of Microsoft Large Account Reseller status, the launch of its ServiceWorks cloud suite and technical knowledge have contributed to its success, according to the reseller.

Chief executive Phil Doye said: "Our determination to fulfil the very highest standards of service delivery, supported by expert technical knowledge and an independent approach to consultancy, has made us a stand-out services and solutions provider.

"The close relationships forged with both customers and vendors are testament to our ongoing commitment to deliver the highest-quality solutions in the industry."

Managing director Dan Laws said: "Kelway has focused on key areas which allow us to aggressively grow our market share.

"As well as extending the coverage of our service to new regions, we have made significant progress in developing our core offering in the UK."