Another record year for The Barcode Warehouse as sales top GBP 50M
Another record year for The Barcode Warehouse as sales top £50M.
- 20%+ organic revenue growth
- Enterprise sales, label media & e-commerce achieve stand out growth
- Confirms position as No.1 UK partner for the market’s top three vendors
The Barcode Warehouse Limited (TBW) has announced record-breaking results for 2016/17. The independent, family-run business saw overall sales in excess of £50M and YOY growth exceed 20%, confirming its position as the No 1 partner by revenue for the market’s leading vendors.
Although enterprise sales, label media & e-commerce saw the biggest growth, all business areas including managed services, mobile device technologies, RFID systems and barcode printer systems performed strongly, with the company’s innovative solutions providing significant competitive advantage.
These results come on the back of recent industry recognition at the Honeywell Safety & Productivity Solutions UK & Ireland Partner Conference where TBW was awarded Partner of the Year, Printer Partner of the Year and Scanner Partner of the Year.
Kevan Mutton, Managing Director at TBW, said: “We’re extremely pleased with the results achieved during the last 12 months as one of our key aims was to establish TBW as a solid £50M business. To achieve this in the first year of our plan is excellent and we now need to consolidate sales whilst further improving profitability. We made significant investments last year in our CRM, e-commerce systems and IT infrastructure, combined with increasing headcount in sales and marketing. These are already paying off and will underpin our plans for future growth. Our team of over 230 dedicated employees continue to drive the success of our business and deliver the excellent customer service that our reputation is based upon. Of course, we also thank our customers for their continued loyalty and for placing their trust in our solutions and services.”
Martyn Broadhead, Sales & Marketing Director, further comments: “Given our superb growth it’s really satisfying that we’ve gained not only UK market share - but we’ve made in-roads into Europe by delivering our managed services support portfolio. Our market leading managed services and total solutions, including our SMART dashboard, are creating considerable interest and good feedback from the market, backed up by customer orders. I’m particularly pleased that last year we began to put the power of RFID technology to solid business use across a number of verticals, and already in our new financial year we are seeing rapid growth.”
About The Barcode Warehouse
For over 30 years TBW has been helping businesses to operate more efficiently, increase performance and be more competitive. From retail to manufacturing, healthcare to warehousing, field services to logistics - from start-ups to large corporations. Now with more than 165,000 mobile devices under its managed service, revenues in excess of £50M, and a dedicated UK-based managed service centre facility, TBW is the UK’s leading provider of end-to- end managed service provision for companies who have, or are looking to, roll out specialist mobile devices solutions.
TBW’s first to market innovations in managed service provision, comprehensive technology provision and industry changing on-line hardware marketplace illustrates their determination to think differently from their competitors and provide solutions to customers that add real value to their businesses.
Press contact: Andy Gilfillan: +44 (0)1636 602000 / andy.gilfillan@thebarcodewarehouse.co.uk
