37 Logicalis
Revenue: £107.9m (-7%)
Net profit margin: -2.1% Staff: 387
After admitting its UK business is "not as agile as it should be", this global Cisco Gold partner appointed Alex Louth as its new UK MD in May to oversee a local restructuring drive. Logicalis UK stumbled to a third consecutive annual net loss in its year to 28 February 2018, with revenues dipping a further seven per cent to £107.9m - down from a high of £204m in 2014 (in between the deadline for research and publication, Logicalis UK unveiled a further drop in its top line for its fiscal 2019, with revenues hitting £92.2m and net losses tumbling to £24.4m). Part of South African group Datatec, Logicalis turned over $1.7bn globally in its fiscal 2019.
More on Reseller
Five resellers secure places on £150m Welsh IT framework
Contract covers IT hardware to larger customer organisations
European IT channel on track for record breaking year in 2021, claims analyst
Market analyst Context says European IT channel now on track to break first ever €100bn-revenue year in 2021, despite pandemic pressures
Eight resellers win spots on £5bn IT framework with East Midlands police
Four-year contract includes wide range of hardware, software, services and support to police force
Charterhouse boss: 'We will absolutely make more acquisitions this year'
Mark Brooks-Wadham reveals further M&A plans to CRN and why the UC market is seeing so much consolidation lately
More news
European cloud providers are disappearing amid rise of hyperscaler giants - research
AWS, Microsoft and Google are eating up market share from local European firms, according to data fro Synergy Research
Kaseya boss: 'We'll be a public company in Q4 this year'
Fred Voccola opens up to CRN on how its IPO plans are going, market valuations and forthcoming acquisitions
Why threat actors are targeting the channel
The recent attack on Exclusive Networks is only the latest in a series which has seen cybersecurity vendors, distributors and MSPs suffer breaches to their systems. CRN asks why the channel is seeing itself become a popular target for cybercriminals