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Netigate increases growth rate

Netigate increases growth rate

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Today the online research company Netigate presents the results for 2010. The annual report is a positive read showing a high growth rate and the set up of new international sales offices.

Netigate has today published the results for 2010. Important events during the year were:

  • Operating income for Netigate Group 2010 was 30,4 MSEK. Operating income increased 42 % compared to 2009.
  • Turnover for the parent company increased by 29 % from 17,9 MSEK 2009 to 22,9 MSEK 2010.
  • Operating results for the Netigate group 2010 is 3,1 MSEK.
  • Growth rate for The Netigate group has increased from 33 % in 2009 to 42 % in 2010.
  • The operating income has increased by 202 % during 2007-2010.
  • Solidity for the Netigate Group on December 31 2010 was 67 %.
  • Three new foreign offices, Berlin, Oslo and Warsaw, have been established during 2010. This expansion was financed by Netigate’s own cash flow. Two new subsidiaries have been registered in Norway and Poland.

Victor Molander, CEO Netigate says: I’m very pleased to say that we now put another fantastic year to the archive. During 2010 we did not only increase our growth rate but we also established three new offices in three different countries. The growth has been strong in all markets and we have been welcoming many new organizations as customers. We have also continued to receive awards and nominations for our fast and stable growth. For the third year in a row we received the following awards: Gasell company, Technology Fast 50 Sweden and Technology Fast 500 EMEA. Additionally we were finalists in the very prestigious award, The European Business Awards. 2011 has started out in a great way and we have recruited substantially to meet the demand of our products and services. We are looking forward to an exciting 2011 and strong growth in Europe.

Please contact us for more information:

Victor Molander, CEO Netigate
+46 (0)733 41 44 01
victor.molander@netigate.se

Tom Nyman, Chairman of Board Netigate
+46 (0)707 47 25 19
tom.nyman@netigate.se

www.netigate.co.uk

Pressreleasen kommer från: Newsdesk

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