Reseller SCC does rather well

Databroker_scrooge_mcduckReseller SCC is doing rather well thanks to its expanding services business,

Posting its 2017 financial year results, SCC had £1.7 billion in turnover, up 8.7 percent across EMEA, while operating profit (EBIT) was up 39 percent to £25 millionin the region.

But the outfit did well in Blighty where it claimed record earnings before interest and tax of £17.2 million. Its UK services business was up 10 percent in turnover to £194 million.

UK datacentre services revenues were also up 29 percent to £56 million, making SCC’s services business represent more than 31 percent of UK revenues.

SCC claimed its three year plan is to grow a services business across cloud, datacentre services, managed services and managed print.

SCC chief executive James Rigby said it was an exceptional year.

“Our future is as an IT services business, delivering solutions around data, cloud and cognitive computing supported by our next-generation global delivery centres across the world. Growth through our services business will continue as this gives us recurring revenues that enable us to invest in the right areas,” he said.