Nscglobal sees strong sales

UK-based network integrator nscglobal said its sales for the full financial year to 30 June 2011 grew 16 percent to £60.5 million, with an upbeat outlook for the coming year, according to the company’s recently released annual report.

The company offers services including logistics and import process management, installation engineering support, maintenance and ongoing engineering support to customers including Accenture, Logica and Siemens.

Strong growth

Nscglobal, which provides services in more than 180 countries, said it expects to see a 70 percent growth in revenue and 40 percent growth in operating profit for the full year of 2012.

Operating profit rose more than one-third during the 2011 financial year to just under £2.7m and operating margins stood at about 4.4 percent, according to the report.

European sales grew to more than £10m during the year, while North American revenue increased to £1.7m, the report said.

Last month the company said that staffing at its US arm alone quadrupled over the past year, with the recruitment of project managers, technical consultants, and design engineers, as well as procurement, finance, sales and presales staff.

“This substantial level of growth has been necessary to fulfil the growing demands of one of our global service provider customers to ensure that their requirements are met and excellent service levels retained,” nscglobal stated at the time.