SCC announces record earnings to complete its three year plan to build a world-class IT services business.

FY17 highlights:

  • £1.7bn turnover, up 8.7% across EMEA;
  • EBIT up 39% to £25m (EBITDA at £41m up 26%) across EMEA;
  • Record earnings of £17.2m for the UK business (before interest and tax);
  • UK Services turnover up 10% to £194m;
  • UK Data Centre Services revenues up 29% to £56m;
  • Services business now represents over 31% of UK revenues.

SCC witnessed an exceptional financial year – delivering record earnings of £25m (up 39%) across its EMEA businesses.

The year saw SCC achieve its three year plan in the UK to grow a world-class services business across cloud, data centre services, managed services and managed print; services revenues now account for over 31% of revenues at £194m – an increase of 10% on the previous year.

Data Centre Services turned over £56m in the year – up 29% – as SCC completed its current investment programme, bringing additional capacity to its UK-wide network.

Customer relationships were key to SCC’s progress; business was enhanced with all key major accounts including the Department for Work and Pensions, DXC, Northern Gas and Ladbrokes.

New customers also added to SCC’s growth, securing new contracts with Grafton Group, Interserve, Liverpool Victoria Insurance, Secure Trust Bank and Skipton Building Society.

Early in 2017, SCC opened a new Global Delivery Centre in Vietnam to complement its near-shore customer support operations in Romania. The new centre offers Data Centre infrastructure support for round-the-clock customer service and access to additional technical skills, as well as software development capabilities.

The year was rounded off with a number of key industry awards underlining SCC’s dedication to delivering outstanding IT services. These awards included winning the coveted Service Desk Institute’s Best Managed Service Desk of the Year, PIN’s Outsourcing Company of the Year along with IBM’s UK Services Partner of the Year and Cisco’s Public Sector Partner of the Year.

SCC Chief Executive, James Rigby comments:

“We’ve had an exceptional year to close off our three year plan of building a more agile and focused business delivering the very best services to our customers.

 

“Our future is as an IT Services business, delivering solutions around data, cloud and cognitive computing supported by our next generation Global Delivery Centres across the world”

Rigby added:

“Growth through our Services business will continue as this gives us recurring revenues that enable us to invest in the right areas to support our customers now and in the future.”

View the SCC PLC Annual Report and Financial Statements

View the SCC EMEA Annual Report and Financial Statements