Tag: EIT Group

EIT Group announces record earnings

EIT Group has announced record earnings for the sixth consecutive year driven by continued demand from businesses seeking outsourced Cloud and digital services.

Full-year results for the financial year ending 31 March 2019, for the SCC EMEA Group, showed revenues reaching a record £2.2 billion and EBIT of £28.2 million – a 1.7 percent growth year-on-year.

The outfit said that its record level of turnover reflects strong performance in the product divisions in both France and the UK, with a growth of 20 percent and 23 percent respectively. In all territories, services turnover also grew during the year to £337 million, a growth of four percent.