Solutions provider SCC has reported a strong year, with growth in its core business outpacing the impact of both challenging trading conditions, and distortions created by the summer 2012 sale of distribution arm SDG.
In the 12 months to 31 March 2013, SCC reported UK sales up 3.5% to £665.30m, while European ops grew by 2.2% to £906.7m, although group operating profit was down by over £2m year-on-year to £7.33m, again as a consequence of market pressures and the SDG sale.
In the UK, the firm made good on its promises to plough some of the cash it got from the sale of SDG into new technologies in order to take advantage of improving market conditions, although services sales were flat at £114.5m.
Highlights included a number of major managed services contracts accounting for £50m worth of sales with Marie Curie Cancer Care, Wales & West Utilities and Konica Minolta. SCC’s Secure Multi-Tenanted Cloud service – for which it was the first UK provider to bag pan-government accreditation – bagged a £3m cloud contract with Mersey Care NHS Trust.
Other public sector wins included Oxfordshire County Council and Birmingham Community Healthcare, while SCC’s Visual Comms unit saw a successful year working alongside the BBC with a major UC deployment at its sites at Salford Media City and Broadcasting House in London.
SCC said the growing number of annuity-based contracts on its books had set it up well for the current financial year.
CEO James Rigby looked back on a pivotal year that had seen SCC move to refocus on its core business, and said the firm was now in “a very strong position”.
“With revenues increasing across the business and a record number of major contract wins under our belt, we are now proactively seeking service-led acquisitions to expand the company’s capabilities.”