Agilitas reports 30% year-on-year profit hike

Globalisation, relevance to customers and a boost to warehouse efficiency have been credited as the catalysts for a 30% year-on-year hike in Agilitas's profits on a 26% increase in turnover.

The channel services provider, which operates in over 60 countries, reported £12m turnover in FY19, generating an EBITDA consolidated group profit of £2.6m. 

“Agilitas’s continued innovation and transformation is allowing us to remain relevant to our growing customer base, and our continued profit growth reflects this,” commented Agilitas CEO, Shaun Lynn. 

"By streamlining the way we do business and offering solutions to make ordering easier for our partners, we help them drive growth in their business too.”