Key points
Revenue: £680.5m (+15%)
Net profit margin: 2% Staff: 1,646
Anyone hunting for proof that product reselling is enjoying a renaissance need look no further than the latest UK accounts of this Birmingham-based reseller and services juggernaut.
In contrast to previous years, product sales took centre stage in SCC's year to 31 March 2019, bulging by a fifth to contribute £495m to the total £680.5m UK top line. UK services revenues inched up just one per cent to £186m.
Having gobbled up audiovisual specialist AVS and managed print player Hobs Onsite last year, the HP and HPE Platinum partner will continue to seek "targeted acquisition opportunities," CEO James Rigby promised.
Adding in contributions from France and Spain, SCC's group turnover rose 18 per cent to a new high of £2.2bn, with group operating profits increasing 1.7 per cent to a record £28.2m. The wider Rigby Group turns over £2.77bn.
