Large growth in 2008 for Callcredit Information Group
as:
- Revenues increase by 73%
- Profits increase by 67%
- Staff numbers increase from 419 to 625
Callcredit Information
Group, formerly Skipton Information Group, announced today that
it saw significant growth in 2008, with sales increasing by 73%.
Despite the uncertain trading conditions in 2008, full year profits
of £4.6 million show an increase of 67% on the previous year and
the Group also continued to expand its workforce, increasing staff
numbers from 419 to 625.
Within the Group, credit reference agency Callcredit and marketing solutions
provider Broadsystem performed particularly well. Callcredit's
revenues increased by an impressive 46% versus last year, due to
winning a number of key contracts with high street lenders and the
success of its collections and account management products. The
company also saw online credit searches treble during the same
period. In its first year under ownership of the Group, Broadsystem
have turned round a previous operating loss to show a profitable
position in 2008, with revenues exceeding expectations and growing
by 8%.
Caroline Worboys, MD of Callcredit Marketing Solutions,
said,
"Although the last year has hit the marketing industry hard, Broadsystem and EuroDirect have
together grown stronger throughout 2008. As Callcredit Marketing
Solutions we have been able to deliver an unrivalled capability to
marketers - turning data, insight and customer interaction
resources into customer value, which marketers have seen measurably
increase their performance. Testament to this has been our ability
to welcome on board a raft of new blue chip clients throughout the
year and turn a strong financial result at year end."
Mike Green, CEO of Callcredit Information Group
said,
"In what was a very difficult year in terms of the economy, CIG
made good positive strides in 2008 and continues to grow, increase
market share and improve profit margins. Growing in difficult times
confirms to us that we're contributing value to our clients and
with new product innovations already in place for 2009 we expect to
continue to deliver a solid financial performance and exceed our
long term growth objectives."
ENDS
Notes to Editors
About the Callcredit
Information Group
Callcredit Information Group (www.callcreditgroup.com)
brings together experts across the fields of credit referencing,
marketing services, interactive solutions and consultative
analytics to enable our client base of businesses and consumers to
make informed decisions using our innovative products and services.
The group is made up of two complementary divisions:
Marketing Solutions, providing specialist knowledge
in customer analytics, consumer targeting, database building and
hosting, marketing communications, business modelling and market
analysis through three market leaders in their own fields:
EuroDirect, Broadsystem and GMAP
Consulting.
Credit Solutions, encompassing Callcredit, Legatio
and DecisionMetrics - specialists in
credit risk, ID verification services and tracing tools.
About Broadsystem
Broadsystem (www.broadsystem.com) creates, manages
and delivers multi-channel customer communication strategies.
It develops, hosts, and manages marketing databases and, through
the intelligent analysis of marketing data, delivers and handles
marketing messages through integrated multi-channel communications.
Broadsystem clients include: RAF, NHS 'stop smoking support
programme', Times Newspapers Limited, Sky, Lancôme, Mulberry, BBC
World Service, FIVE, Vodafone, ING Direct, Wickes, TUI Group, News
Group Newspapers Group, Marriott, Associated Newspapers Ltd.
About EuroDirect
EuroDirect, the marketing services business within Callcredit
information group and is one of the UK's leading marketing
suppliersThe company is well established in the field of direct
marketing. Clients include over 40% of the UK's top 1,000
companies, including three of the top five largest multi nationals
Examples are Npower, Airmiles, Capital One, Scottish and Southern,
Barclaycard and HBOS. EuroDirect is a prime supplier of consumer
data, targeting and segmentation systems, credit marketing services
and software and technologies to help marketers undertake consumer
profiling, analysis, targeting, data management, market analysis
and decision support. EuroDirect also works internationally and has
developed a suite of international segmentation tools under the
CAMEO brand.
About GMAP Consulting
GMAP Consulting (www.gmap.com)
has over 20 years experience in retail, automotive, petrol
forecourt and financial services and specialises in helping both
UK-based and multi-national organisations develop their retail
networks, sales territories and market channels to be more
efficient and profitable, by understanding the market dynamics that
exist between consumers and retailers.
