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Banking, Finance & Investment: Euroffice.co.uk continues to out-perform
 


Euroffice.co.uk continues to out-perform


Preliminary Results for the Year ending 31st March 2007


[UKPRwire, Tue Jun 05 2007] Euroffice.co.uk, the UK’s leading online office supplier for small businesses, is pleased to report:

- 45% sales growth year on year.

- Total sales of over £18 million.

- Net profit increased by 52%.


George Karibian, Managing Director and Co-Founder of euroffice.co.uk, commented:

“We are very proud to have grown 50% this year in a highly competitive market. The Internet is transforming the way Small Businesses are buying and Euroffice are at leading edge of catering to these changing customer needs. This success is a reflection of our exceptional team of people who thrive on innovation and flawless execution.”

“We have made significant investments in Systems and people over the past six months. It places the company in an excellent position to maintain its growth momentum into 2007-2008. Our key areas of focus for next year are to extend our product range, expand into Europe and to mirror the company’s commercial success with an industry leading environmental policy”.

--- END ---

Additional Editorial Information

-The Company Launched in 2000.

-The Company presently has over 300,000 customers and offers over 25,000 products.

-The Company makes £1.8 million a month in sales.

-The Company employs 23 individuals.

-The Company was awarded the top productivity award in the sector for 2004-5, with sales/employee figures of roughly £900,000 – twice as much as its closest rival. http://www.proficiency2020.com/top+performers.asp

-In addition, it has been featured in the Sunday Times TechTrack for 2 years running (2004 and 2005).

-George Karibian has been named as a Top 100 Reseller for two years running (2006 and 2007) in OPI Magazine and recently won the prestigious “Emerging Reseller of the Year” Award.

-Furthermore, George was a finalist in the Ernst & Young London Entrepreneur of the Year Award 2006.


Contacts

Jade Mamarbachi 020 7153 8035

(GTH Media Relations)

George Karibian 020 7091 4684

(euroffice.co.uk)



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Company:
Contact Name: Jade Mamarbachi
Contact Email: Jadem@gth.co.uk
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