Retarus Press Release
Retarus Group reports above-average growth
Secaucus, 07/18/2014 // The Retarus Group reported year-on-year revenue growth of 15% for the 2014 financial year ending May 31.
Retarus, a leading global provider of cloud services for email, fax, SMS and EDI, has announced an increase in revenues that is significantly higher than growth levels seen elsewhere on the market and among the competition. The European Information Technology Observatory (EITO) estimates global growth of 4.1% for the ICT industry. Above-average organic growth helped the Retarus Group drive its positive performance and impressively underlines the success of its global expansion strategy, particularly on the US and Asian markets.
Retarus Group COO Johannes Hecker said: “We have achieved growth in every region and market, and have set ourselves even more ambitious targets for the current financial year. We’re confident that we can beat the competition, the market average and our own previous year figures again this year.”
Fast Facts
- Retarus Group reports 15% year-on-year revenue growth, well above the market average
- EITO estimates average global growth of 4.1% for the ICT industry
- Successful global expansion strategy
- Ambitious growth targets for the current financial year
About Retarus
Retarus is a global provider of cloud solutions, modernizing and securing the digital communications and data exchange of organizations and public authorities. Key products are digital Cloud Fax, Transactional Email, and SMS. Retarus operates globally distributed data centers, providing these solutions with top performance, security, and data protection. Retarus (North America) Inc. is based in Secaucus, NJ, and with regional offices around the country, including New York, Vermont, and Massachusetts. Headquartered in Munich and founded in 1992, Retarus is privately owned and proud of its innovative strength. The company employs around 500 people in 20 locations on four continents. Nearly half of the companies listed in the S&P Global 100 already place their trust in Retarus and, along with leading analysts, confirm the outstanding quality and reliability of its services. Retarus generates around 40 percent of its revenue in the US and offers its products both directly and in close cooperation with selected partners. More information: www.retarus.com/us/