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 | | EXCITECH TURNOVER GROWS 25% TO £14M | | | Excitech Limited | | 26/06/2007 | | | Excitech Ltd, the leading UK CAD solution supplier, has announced growth of over 25% in turnover from £11m to over £14m for its year ending 31st May 2006.
During the year Excitech continued to invest in developing its expertise and resources to support its increasing numbers of clients. This included both recruitment of additional personnel and the merger with Aztec CAD, a company based in the South West. This merger added approximately £1m of sales to Excitech's results; thus the underlying growth was approximately 16%. The Aztec CAD office remains open as an additional sales, support and training centre. Excitech has also expanded its training facilities in London and moved its Enfield head office training suite into a new larger facility.
Excitech's growth has continued in all areas of business including consultancy, supply of software and systems (for CAD, CAFM and EDM), training, installation and support.
With these excellent results Excitech demonstrates once again that its clients, who range from the largest multinationals to small partnerships, value the solutions provided. Excitech continues to supply products and services to some of the most significant design and construction projects; and remains the largest reseller of computer aided design (CAD) solutions in the UK.
"I am proud of what we have all achieved over the last year. Not only has the company increased its financial strength but we have made significant investments in industry expertise to help clients realise a return on their investment in CAD and IT," says Adrian Atkinson, Excitech's Managing Director. He continued "the difference in productivity between organisations utilising IT and the latest CAD technologies effectively and those that are not is significant no matter what the size of the project.”
Since the end of Excitech's last financial year the company has continued similar investments including the opening of a training centre in Manchester as well as recruitment of sales and support consultants in Scotland thus strengthening its nationwide coverage. | |
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