A number of high-profile new client wins have boosted results at software solutions company Proactis.
The Wetherby-based company recently signed up bakery chain Gregg’s, the National Trust, property firm Jones Lang La Salle, French bank BNP Paribas, Strathclyde University and Solihull College.
The group said that revenue rose 26 per cent to £10.2m in the year to July 31, boosted by the acquisition of EGS in February and of Intesource in June.
It also bought another firm Intelligent Capture in August, a day after its financial year end.
Earnings of £2m exceeded expectations by 11 per cent and were up 62 per cent on last year following cost synergies and its high-margin acquisitions.
Proactis enters the new year with a record order book of £14.3m.
Rod Jones, the group’s CEO, said: “Proactis is now effectively double the size of a year ago as a result of its three acquisitions and the group is trading well in advance of today’s reported results. The board continues to review appropriate M&A opportunities as part of its growth strategy.
“Our core businesses are performing well, with good rates of order intake and levels of profitability.
“In addition, customer retention, a core element of our strategy, is excellent.”
Pre-tax profits fell from £300,000 to £150,000 following one-off costs associated with the acquisitions.