Exclusive Networks Rises To Pandemic Challenge With Strong FY2020 Performance

Exclusive Networks, the global trusted infrastructure specialist, today announced its 2020 financial results, showing strong growth achieved amid unprecedented worldwide trading conditions. The company continued its growth momentum with a notable 8% organic uplift in sales, together with the expansion of its global footprint and skills base through three strategic acquisitions. The year also saw Exclusive Networks’ further digitalisation of back-office operations and the launch of X-OD, its on-demand, subscription-based delivery platform for vendor solutions and professional services – both of which have contributed to a record year in revenues and operating income. 

Other 2020 highlights include:

  • Strong organic growth across multiple regions
  • Growth in services as a proportion of total revenue in many theatres with Covid constraints transforming the way many services were delivered
  • Increased market momentum among ‘core’ vendors with above market growth rates
  • New emerging and scale out vendors focus continued with strong performance
  • Portfolio expanded with 17 new vendors and vendor expansion geographically  
  • Launched X-OD (Exclusive Networks on Demand) platform to enable ‘everything-as-a-service’ consumption, contributing to rapid growth in subscription-based business
  • Appointed new CEO, Jesper Trolle, and further strengthened the executive leadership team with VPs of HR (Laurence Galland), Strategy and Business Development (Alexandre Azouaou)
  • Branched out into 10 new central and eastern European countries with the acquisition of Veracomp
  • Expanded Hong Kong presence and established gateway to north-east Asia expansion with acquisition of JJNET Hong Kong
  • Reinforced and intensified skills base in native cloud services, DevSecOps and containerisation with acquisition of Nuaware

Exclusive Networks is the global trusted digital infrastructure specialist driving the transition to a totally trusted digital future for all people and organisations. Our distinctive approach to distribution gives partners more opportunity and more customer relevance. Our specialism is their strength – equipping them to capitalise on rapidly evolving technologies and transformative business models. 

The Exclusive Networks story is a global one with a services-first ideology at its core, harnessing innovation and disruption to outstrip market growth. With 50+ offices across five continents and presence in over 100 countries, Exclusive Networks has a unique ‘local sale, global scale’ model, combining the extreme focus and value of local independents with the scale and service delivery of a single worldwide distribution powerhouse. More info is available at www.exclusive-networks.com

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