Managed print provider Balreed achieved growth of £9.3m in the 12 months to December 2014, bringing its turnover to £38m
The firm cites demand for its managed print services and production print systems as key contributors to the growth.
“34 percent growth is an outstanding performance by the whole Balreed team, particularly on top of the 23 percent we achieved in 2013,” comments Robin Stanton-Gleaves, Balreed owner and group managing director.
“We grew £9.3m in the year, through 100 percent organic growth which is fantastic and shows the strength of our offerings and the quality of services we deliver to our clients.”
Stanton-Gleaves says that as well as securing “many new customers in 2014, Balreed grew its production print business, supported by its dedicated support operation.
“Equally important we grew underlying profitability,” he says. “That reflects the quality of the business across all operations and has allowed us to make major investments with 60 new staff and improved facilities during the year.”
The exec says the London firm will continue to invest “to enhance our clients experience and increase our capacity” in 2015.
