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Jigsaw24 announces record sales in latest trading update

Jigsaw24 says it secured a record revenue in its FY2022 thanks to a resurgence in IT spend in verticals such as design, publishing, advertising, hospitality and the media and entertainment industry.The B2B technology solutions provider logged sales of £168.5m for the 12 months to 31 May 2022, up from £156m in 2021.It's EBITDA also rose 10 per cent from £6m in 2021 to £6.6m in 2022, the company's latest trading update shows.A UK Apple enterprise and media solutions provider, Jigsaw24 says the figures come as it leveraged growing demand for Apple products from corporates across the UK.Roger Whittle, founder and CEO of Jigsaw24, said: "The financial results for our last full year are testament to the strength of our business and the developments we have made during the last 12 months."Jigsaw24 says it is continuing to grow by investing across the business in sales, pre-sales and services capabilities.One of those is a new service centre opened last year, which it claims has enabled further expansion of its service portfolio.During the last 12 months, it also appointed Peter Bertram as non-executive chairman and secured new hires across services, HR, finance, sales and supply chain.The company claims investments made over the last three years deliver Jigsaw24 enhanced capability in service delivery and "significant" growth capacity for the future.Whittle added: "Our partnerships, our premises and our people are now unmatched within the reseller community, and we believe that the success of our last financial year puts us in an excellent position as we continue to provide customers with best of breed solutions."During the next year, we strongly believe that Mac will continue to grow at an exponential rate in enterprise, and our capability to support both all-Apple and multi-vendor environments is unmatched within the IT industry."

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Author: Cowen)

Publish Date: 16/08/2022 14:45

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