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Wednesday
Jan112017

2016 in summary: 17% growth and 20 major new customers

2016 turned out to be a fantastic year for Trade Extensions and it generated record levels of revenue resulting in 17% growth over the year.  

The growth means the company has increased revenue by 180% in the last five years and key to this has been the development of the North American market which saw 22% growth during 2016.  The strong performance in North America means it now contributes 45% of Trade Extensions’ revenue with the remaining 55% generated in Europe, which grew by 13% during the year.

Trade Extensions also gained over 20 new clients in 2016, most notably in retail, but it also won customers from from the shipping, beverage and automotive sectors.

With the release of TESS 6.0 in April, 2017 is shaping up to be just as exciting.

The full news release can be found here.

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