Capito sees revenue rise despite tough year

Scottish SMB services specialist widens margin in 2012

West Lothian managed services provider Capito boosted its gross margin by about 40 per cent in the 2012 year while managing to keep its costs down.

The company, trumpeting its results in an announcement, said revenue rose from £5.1m in 2011 to £5.5m in calendar year 2012, representing a rise of 8.9 per cent. Gross margin was up £383,000 or 42.2 per cent, and the Livingston firm worked successfully to reduce its costs from £1.7m to £1m in the year ending 31 December.

Alan Middleton, managing director of Capito, said in the announcement the results were encouraging and the Microsoft and HP partner had been "re-energised".

"Customer and partner relationships are far healthier and stronger. We have maintained our track record of consistent high levels of service delivery and therefore have been able to retain our existing customers and in parallel win new ones. The team effort across the company over 2012 was phenomenal," he said.

Middleton added that new staff had been taken on during the year as well, joining a team where many members had been at the company for five, 10, or even 20 years. This year, Capito was starting on a solid foundation, he said.

The firm specialises in optimisation of infrastructure and data environments through supply of ISO-accredited IT professional services, product offerings and managed services, focusing on SMB customers. Hardware and software provision continues to be an intrinsic component of its offering, the company says.