Alcumus announces another year of double digit organic growth in the 2014 financial year with revenues growing organically by 10% against an industry backdrop growth of 4-6%. The successes of 2014 can be felt throughout the company across the Compliance, Certification and Academy services which all enjoyed continued growth during 2014.
The announcement follows the company’s recent acquisition of its fourth ‘bolt-on’ business, SM&MS which further extends the range of compliance and risk management solutions now available to its customers.
Martin Smith, CEO at Alcumus commented: “I am delighted with our latest organic growth results which are the latest in 12 quarters of consistent and unbroken organic growth across the company and c. £7M of profit. The development of technology enabled TIC and GRC support services remains at the heart of our existing and new service propositions.
Our strategy remains focused and simple, as we work closely with our customers to helping them put robust frameworks and technology in place that mitigate risk and ultimately improve their business performance. I look forward to working with the dedicated Alcumus client facing and operational teams to deliver another strong year of organic growth in 2015.”
Alcumus’ financial health can indeed be felt company-wide with the requirement for additional personnel evolving in key delivery areas such as the company’s UKAS accredited certification arm, Alcumus ISOQAR which is actively recruiting auditors to support its growing order book and service new clients with new standards such as ISO 50001, energy management.