FY 2016: Retarus concludes another successful business year

Johannes Hecker, Retarus Group COO

Johannes Hecker, Retarus Group COO

The Retarus Group is once again looking back on a highly successful business year, with total turnover rising to €49.7 million in the fiscal year 2016, which ended on 31 May 2016. The company grew its Messaging Services business by 13.7 percent in comparison with the previous year. In the USA alone, the company achieved a 44.3 percent growth in turnover after adjusting for exchange rate. Within Europe, the increase in turnover for FY 2016 was well above average at 8.5 percent. According to the reference value provided by the European IT Observatory (EITO), the turnover within the global IT sector rose by only 3.8 percent in 2015. The industry association Bitkom sets the growth figure for the German IT services market even lower at a meager 2.7 percent over the same 2015/2016 time period.

This positive business development was driven by a significant expansion in their large customer business and by stepping up strategic partnerships with systems integrators and carriers, but also substantially by Retarus’ evergrowing international presence.

In order to fully meet ever-higher requirements and expectations for security, data protection and compliance – and so be perfectly set up to cope with continued growth – Retarus intensified its investment into building up and optimizing its infrastructure around the globe.

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