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Agilitas sees 21.8 percent profit growth

08/01/21 | In the Press

Global channel services provider Agilitas IT Solutions, recently announced a 21.8 percent year-on-year increase in profits as the result of consistent company growth, geographic expansion. Thanks to increased supply chain automation, Agilitas has seen its turnover grow to £14.038 million with EBITDA earnings amounting to £3.829 million. This represents 75 percent of business being associated with…

Global channel services provider Agilitas IT Solutions, recently announced a 21.8 percent year-on-year increase in profits as the result of consistent company growth, geographic expansion.

Thanks to increased supply chain automation, Agilitas has seen its turnover grow to £14.038 million with EBITDA earnings amounting to £3.829 million. This represents 75 percent of business being associated with recurring revenue streams, plentiful new logo wins, and partners benefiting from the leverage and aggregation of recent infrastructure investment, it said.

Agilitas introduced six new service offerings for its partners that include SMART logistics, EPOS and Printer maintenance and Device-as-a-Service. New additions to its channel partner portfolio include ‘Born in the Cloud’ providers who are adopting Agilitas’ software enabled Inventory-as-a-Service to bolster their own service proposition.  

Nottingham-based international logistics hub, which is now supporting over 67 countries, went through significant expansion alongside increased supply chain automation to help reduce operational overheads whilst enhancing the customer experience. The business delivers its services to an increasing number of UK channel businesses that are expanding on a global scale, and has recently welcomed a further 20 countries as part of its international expansion plans.

Agilitas CEO Shaun Lynn said: “COVID-19 restrictions have only accelerated our approach to innovation. From enhancements to our online quoting portal, AssureMeNow, to other services designed to help our partners during this challenging time, we still maintain our world-class support services which have produced tangible results for our partners both in the UK and internationally.”

Lynn said: “We are extremely proud of our company’s performance which is a true testament to the amazing Agilitas team, whose members continue to go the extra mile on behalf of our customers. Our aim is to ensure this growth remains consistent in the years ahead and, to achieve this, we need to continually invest in the right people, technologies, processes and facilities to embrace the opportunities facing us.”

 

IN THE PRESS: Agilitas sees 21.8 percent profit growth – Channel EYE

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