67 Kinly

Doug Woodburn
clock • 1 min read

Revenue: £61.2m (-10%)

Net profit: 1.7%     Staff: 485

The UK operations of this global videoconferencing and AV integrator - which include 2020 acquisition AVMI - took a knock last year as lockdown compromised its ability to install on-premises kit. Its largest entity on Companies House - AVMI Kinly Ltd - saw revenues fall ten per cent pro-rata to £91.8m in the 18 months to 31 December 2020 (although we understand the overall UK business is somewhat larger than the annualised figure heading this profile, at roughly £85m for calendar 2020). Globally, Amsterdam-based Microsoft, Poly and Logitech partner Kinly turns over €260m.

Covid impact

Lockdown resulted in "many" project postponements for this AV player. On the other hand, Kinly claims it is "ideally positioned" to capitalise on demand for "high-availability, seamless AV collaboration solutions" stoked by the rise of the hybrid workplace.

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