Retarus achieves seventh record result in a row

Retarus achieves seventh record result in a row

Retarus has continued to grow impressively, even during the coronavirus pandemic. The fiscal year 2021, which ended in June, saw a revenue growth to more than 60 million euros for the first time. This represents an 11 percent increase over the previous year’s turnover and the seventh consecutive year of record results for Retarus.

The sustained growth is reflected in the company’s workforce. With global staff now exceeding 450 employees, Retarus has grown by more than 10% in comparison to the previous year and is still hiring. A major reason for the growth of the business and this positive trajectory is the greater demand for digital solutions for business communication. Thanks in part to the recent statutory regulations regarding working from home and the stringent General Data Protection Regulations (GDPR), companies are faced with increasingly challenging requirements around digitalizing, automating, and cloudifying their communication and business processes.

To take these developments into account, Retarus has expanded its workforce substantially over the past year despite the pandemic – especially in sales, the technical departments, product development, and in core functions around the world. The French office, for instance, saw a 75 percent net growth in staff. The increase in staff numbers has moreover been sustainable, as shown by the average length of employment, which is more than five years. For the current business year, 2022, Retarus is planning to expand its staff to over 500 employees for the first time in the company’s history.

Martin Hager, Founder and CEO, Retarus

“We have successfully maintained our growth strategy, even during the pandemic. At the same time, we have remained focused on the needs of our customers and responded quickly and flexibly to new requirements as a reliable partner,” explains Martin Hager, founder and CEO at Retarus. “In the current fiscal year, we will continue to push ahead with the expansion of our regional offices around the globe and focus on unlocking new markets.”

For further information please refer to our latest press release.


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