Imago Group plc has reported that its most recent financial results show growth of 34% over last year, with turnover increasing from £38 million to £52 million worldwide, a record for the distributor. The company says that it has continued to experience a strong performance in its international operations, and demand for video conferencing products internationally has enabled Imago to grow despite the ongoing economic challenges.
“Video conferencing sales are good across all the regions in which we operate,” says Ian Vickerage, ,managing director, Imago. “Because of the recession, customers are working with smaller budgets, but many see both the short and long-term benefits of investing in video conferencing which is why this market has continued to grow strongly.”
Imago has subsidiaries in France, Spain, Belgium, Holland, South Africa and China, and reports that the strongest performance has been from the French and Spanish offices.
“When we announced our financial results at the beginning of the year, I anticipated then that the gap between our overseas and UK sales would grow and the latest figures bear this out,” continued Ian Vickerage. “Although our sales and profits in the UK grew strongly, our overseas business in general has been stronger than domestic business. We will continue to focus on expanding internationally in the year ahead.”