STOCKHOLM, March 30, 2012 /PRNewswire/ --
Today the Swedish online research company Netigate presents the results for 2011. The annual report is a positive read showing a continued high growth rate and strong financial situation for both the parent company and the wholly owned subsidiaries.
Netigate today publishes the results for 2011, which show a continued strong organic growth and a very strong development overall, but especially on the fast-growing German market. Key figures for the Netigate Group 2011 are shown below.
Total operating income increased by 32 % to 40.1 MSEK (30.4 MSEK).
- Operating profit EBITDA rose by 190% to 8.9 MSEK (3.1 MSEK)
- Total growth in operating income is 698 % for the period 2006-2011
- In Germany, the total operating income rose by 64% compared to 2010.
- Netigate Germany now accounts for 36% (30%) of the total software sales
- We now have over 500 satisfied customers in Germany and a total of over 1 200 customers in Europe.
- As of today, we have well over 15 million answered surveys in our system.
Victor Molander, CEO Netigate, says: "2011 has been a very successful year in the history of Netigate. We have not only managed to continue our strong organic growth in both Scandinavia and Germany, but I am especially glad to welcome several new customers on the UK market. We are of course also very proud to receive several awards during 2011: Deloitte Technology Fast 500 EMEA, Deloitte Technology Fast 50 Sweden, Gasell company and Veckans Affärer Super company. 2012 has started out in a great way and we have recruited substantially to meet the demand of our products and services. Though many mayclaim to the contrary, I am convinced that 2012 will be an amazing year with an even stronger growth in Europe."
Netigate provides tools and solutions for online research. The company was founded in 2005 and now employs around 55 people. Netigate has its head office in Stockholm, Sweden and has offices in Norway, Germany and Poland that actively sell our software solutions in most parts of Europe. Among our customers you find several of Europe's leading companies, for example Electrolux, Ericsson, Vodafone, E.ON and DB Schenker.
Would you like more information?
Visit http://www.netigate.co.uk for more information or contact us:
Victor Molander
CEO Netigate
+46(0)733-414401
victor.molander@netigate.se
Tom Nyman
Chairman of the board Netigate
+46(0)70-7472519
tom.nyman@netigate.se
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