The Channel logo

News

By | Paul Kunert 12th April 2013 15:44

XMA back on its feet after 2011 public sector knockdown

Sales rise in calendar 12 but profits dip

XMA staged a top line recovery in calendar 2012 as it reduced its reliance on the public sector by drumming up more business with commercial customers.

The Nottingham-based reseller upped revenues by 5.1 per cent in the year - to £122m from £116m in 2011 - but this was still short of the £140m turnover it racked up back in 2010.

Operating profit fell just over 18 per cent to £2.5m and net income dipped to £1.8m from £2.1m. The firm also coughed a £1.5m dividend, the filing at Companies House confirmed.

Admin expenses went up to £12.6m from £11.4m despite a fall in headcount from 256 to 243. Inventory fell to £3.68m from £5.48m a year earlier.

"The directors remain convinced that XMA's position is firmly established in this marketplace," the director's report stated.

It added that the firm still has a broad footprint in public sector and "growing engagement in the corporate sector across a variety of technologies and related services".

During the year XMA acquired the remaining 50 per cent of trade and assets of share of XMA Print Solutions. ®

alert Send corrections

Opinion

Chris Mellor

How long before Blue Big HQ pulls the plug on the whole thing?

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

Trevor Pott

Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap

Features

Windows 8.1 Update  Storeapps Taskbar
Chinese Buffet self-service
Chopping down the phone tree to scrump low-hanging fruit
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.
Big Blue's big $5bn bet adjusted, modified, reduced, back for more
Microsoft CEO Satya Nadella
Redmond needs to discover the mathematics of trust