Leading technology consultancy, Apadmi, is forecasting a 66% growth in turnover for its current financial year following the expansion of its group across Europe.
Headquartered in Manchester, and with further offices across the UK and the Netherlands, Apadmi is the digital product partner for some of the world’s leading organisations including Domino’s, Co-op, NHS, BBC, Chelsea Football Club, Co-op and Argos Financial Services.
Following a turnover of £11.8m for the 12 months to March 2022, Apadmi is expecting a further 66% growth for year ending March 2023, attributed to the continued execution of its strategic expansion strategy, as well as a strong performance within its digital product offerings.
Former Google and Facebook lead, Stuart Lunn, who was appointed as UK Managing Director for Apadmi in June, has praised the company’s financial forecasts in light of the difficult economic environment and widespread market downturns.
Founded in 2009, Apadmi’s continued success has enabled it to become one of the stronger names in the technology sector, with its strong strategic direction, longevity and sales growth.
Employing over 200 staff, the company recently opened offices in Edinburgh and Utrecht, in addition to its Manchester and London facilities.
Stuart Lunn, UK Managing Director, said, “We are currently in a very challenging economic period, however the strength of Apadmi’s bottom line and the company’s decisive action surrounding its expansion is testament to our strategy, agility and the expertise of the team who have worked impressively hard to deliver growth.
“The last 12 months have seen us accelerate our expansion across the EMEA region, while also ensuring our offering diversifies beyond the mobile technology products which we are renowned for and into wider digital remits such as systems integration and product strategy.
“I am particularly pleased with the forecast for the next 12 months. The wider market is facing significant economic challenges but I am confident that as a business we are in a strong position to successfully navigate the environment and maintain our growth forecasts as we become an integral part of the UK’s technology landscape.”
In the coming quarters, Apadmi will continue to focus on geographic and product expansion, with further offices mooted for Lisbon and North America.