- Sales growth of 2.3%
- Record result for a single month in March
- ECM/DMS business continues to expand consistently
- Strong growth in indirect distribution under the UTAX brand
Nuremberg, 28.05.2019 TA Triumph-Adler GmbH has announced a year-on-year increase in revenue for the seventh consecutive year with the close of the 2018/2019 financial year on 31 March 2019. With total sales of €308.4 million and growth of 2.3%, the document business specialist continues to perform strongly in a market environment that is undergoing fundamental change as a result of ongoing digitalisation. Pre-tax profit also increased once again over the same period. Key drivers of this growth included the successful expansion of the DMS/ECM business, strong demand for colour systems, the very strong performance of service revenues and extremely good performance in the export channel under the UTAX brand in Southern Europe.
TA Triumph-Adler grew for the seventh financial year in succession and has successfully positioned itself in a challenging market environment. As such, total turnover in the 2018/2019 business year recorded growth of 2.3% compared to the previous year. Profit before taxes also increased again. Sales increases were recorded in both distribution channels. Direct sales grew moderately by 1% in the German market and performed strongly in the service sector. Indirect distribution under the UTAX brand recorded good growth of 5% in the past financial year.
Furthermore, foreign subsidiaries and a stable export business contributed to the TA Group's positive result. The Czech Republic led the way with growth of 34%, followed by Switzerland with a 5% increase in sales. The export segment also grew compared to the previous year. The driving forces behind this growth were Italy and France.
The most important key figures are following the positive trend: the number of printing and copying systems contracted to customers (MIF/Machines in Field) increased once more. The contracted volume as well as the total output volume grew significantly. The company was also able to maintain the average click price.
“In the month of March alone, we achieved a record result and ended the financial year with significant growth for the seventh time in succession,” says Christopher Rheidt, Managing Director of TA Triumph-Adler GmbH, on the successful end of the year. “Nevertheless, we acknowledge that it has been a challenging year. We had definitely hoped for more in the project business in the first half of the year. On the other hand, we managed to cope with our challenges in the second half of the year and the anticipated recovery duly materialised. Between 2012 and 2019, we recorded organic sales growth of 24%. That is an impressive team achievement. My thanks go out to the entire team. What we have achieved together is truly fantastic.”
The reasons behind the continued positive business development were the ongoing shift from black-and-white to colour systems in the past year as well as the New Business segment, which augments the company's core business (MFP/Printer Business) with new innovative solutions and services. The IT market continues to grow dynamically, which is why the consistent expansion of the DMS and ECM sector as well as the area of IT security solutions paid off particularly well. TA Triumph-Adler therefore continues to see substantial potential for growth in these business areas in the current financial year.
“For two years now, we have been constantly evolving in step with digitisation and have further refined our profile in the IT environment. We are agile and are consistently expanding our product portfolio, regularly offering new services and successfully acquiring more and, above all, larger customers,” says Christopher Rheidt, explaining the digital strategy we have adopted.
TA Triumph-Adler intends to strengthen and further expand these strategic cornerstones in the new financial year. “We can safely say that we achieved many of our goals last year and are very satisfied with the result given the market conditions.
That's why we want to step up and implement our strategy even more consistently in the coming year and develop even more 'power',” Rheidt explains, outlining the direction for the next business year. In order to achieve this objective, the company continues to look for motivated specialists who would like to carry the TA Triumph-Adler success story forward.
TA Triumph-Adler grew for the seventh financial year in succession and has successfully positioned itself in a challenging market environment. As such, total turnover in the 2018/2019 business year recorded growth of 2.3% compared to the previous year. Profit before taxes also increased again. Sales increases were recorded in both distribution channels. Direct sales grew moderately by 1% in the German market and performed strongly in the service sector. Indirect distribution under the UTAX brand recorded good growth of 5% in the past financial year.
Furthermore, foreign subsidiaries and a stable export business contributed to the TA Group's positive result. The Czech Republic led the way with growth of 34%, followed by Switzerland with a 5% increase in sales. The export segment also grew compared to the previous year. The driving forces behind this growth were Italy and France.
The most important key figures are following the positive trend: the number of printing and copying systems contracted to customers (MIF/Machines in Field) increased once more. The contracted volume as well as the total output volume grew significantly. The company was also able to maintain the average click price.
“In the month of March alone, we achieved a record result and ended the financial year with significant growth for the seventh time in succession,” says Christopher Rheidt, Managing Director of TA Triumph-Adler GmbH, on the successful end of the year. “Nevertheless, we acknowledge that it has been a challenging year. We had definitely hoped for more in the project business in the first half of the year. On the other hand, we managed to cope with our challenges in the second half of the year and the anticipated recovery duly materialised. Between 2012 and 2019, we recorded organic sales growth of 24%. That is an impressive team achievement. My thanks go out to the entire team. What we have achieved together is truly fantastic.”
The reasons behind the continued positive business development were the ongoing shift from black-and-white to colour systems in the past year as well as the New Business segment, which augments the company's core business (MFP/Printer Business) with new innovative solutions and services. The IT market continues to grow dynamically, which is why the consistent expansion of the DMS and ECM sector as well as the area of IT security solutions paid off particularly well. TA Triumph-Adler therefore continues to see substantial potential for growth in these business areas in the current financial year.
“For two years now, we have been constantly evolving in step with digitisation and have further refined our profile in the IT environment. We are agile and are consistently expanding our product portfolio, regularly offering new services and successfully acquiring more and, above all, larger customers,” says Christopher Rheidt, explaining the digital strategy we have adopted.
TA Triumph-Adler intends to strengthen and further expand these strategic cornerstones in the new financial year. “We can safely say that we achieved many of our goals last year and are very satisfied with the result given the market conditions.
That's why we want to step up and implement our strategy even more consistently in the coming year and develop even more 'power',” Rheidt explains, outlining the direction for the next business year. In order to achieve this objective, the company continues to look for motivated specialists who would like to carry the TA Triumph-Adler success story forward.
About TA Triumph-Adler GmbH:
TA Triumph-Adler GmbH is the leading German specialist in the document business and, with a history stretching back 121 years, is one of the longest established brands in the ITC sector. Today, TA Triumph-Adler develops and delivers integrated managed document services (MDS) that cover the entire document handling process. Its aim is to support the ongoing networking and mobilisation of office activities. The services it offers include individual analysis and consulting for business customers, implementing an IT-based document workflow and continuous process optimisation using its own asset and system management solution TA Cockpit, which was awarded the IT Innovation Prize 2011, among others. The company is a full-range supplier in document management and has its own financial service provider, TA Leasing GmbH, which provides business customers with almost every form of financing. TA Triumph-Adler is known for its personal customer support and nationwide service, which has been certified by TÜV Süd. In Germany, the company distributes through direct sales with a comprehensive network of regional solution centres in 35 locations, 29 of which are sales offices. There are also 13 other facilities in five different countries, as well as distribution partners in EMEA. The company takes social and socio-political responsibility through the Triumph-Adler Foundation “Triumph für Kinder” (IBAN: DE12 7604 0061 0526 0500 00, BIC: COBADEFFXXX), is committed to protecting the environment and adheres to efficient and comprehensive corporate governance. TA Triumph-Adler GmbH and its registered brand UTAX have been wholly owned by Kyocera Document Solutions Inc. based in Osaka, Japan, since October 2010. The company’s registered office is Nuremberg and its operational headquarters are in Hamburg.
About the OPTIMAL SYSTEMS group:
The Berlin-based group of companies develops and distributes information management software, both in the form of enterprise content management (ECM) solutions and as a content services platform for system integrators. OPTIMAL SYSTEMS was founded in Berlin in 1991 and currently employs 450 people across sixteen offices. In addition to companies in Germany, Austria, Switzerland and Serbia, the group works with over 75 sales and cooperation partners all over the world, such as iTelligence, NetApp, adesso, IBM, the Austrian Post, Microsoft and SAP. OPTIMAL SYSTEMS offers enaio® information management software to create digital workplaces, to structure corporate knowledge, to manage it transparently and to archive it in an audit-compliant manner. Approximately 500,000 users in almost 2,200 companies across Europe work successfully with OPTIMAL SYSTEMS software technology every day.
