Member Article

Sheffield tech company Servelec reports increased revenue

Sheffield-based technology providers Servelec Group plc have reported revenue of £42 million in 2013, up from £39.4 million the year before.

The group provides software, hardware and services predominantly to the UK healthcare, oil & gas, nuclear, power, water, utilities and broadcast sectors.

The company successfully completed and Initial Public Offering on the main market of the London Stock Exchange completed on December 2 2013.

Alan Stubbs, CEO, commented: “I am delighted with the performance of the Servelec Group in 2013 and I look forward to 2014 with great enthusiasm.

“As a newly independent business and recently listed on the main market of the London Stock Exchange, Servelec is well positioned to take advantage of the considerable opportunities for growth and development in the year ahead and beyond.”

This was posted in Bdaily's Members' News section by Clare Burnett .