Integral's sharp income jump
- 01 November, 2006 22:00
Success in three major business areas helped privately-owned Integral Technology Group score a 48 percent increase in revenue for the half year to September 30. The company’s revenue for the six months was $14.7 million compared with $9.9 million for the same period a year earlier. Integral is forecasting a full year result somewhere in the $26 to $28 million range. Chairman David Sutherland says the current half-year’s growth needs to be seen in the context of the company’s average 40 percent year-on-year growth rate over the past five years. He says, “Our service areas contributed most to the growth but we’ve seen positive signs right across the business.” Key successes include an IBM System p installation to support the SAP application at Foodstuffs (South Island). The project was one of the finalists in the inaugural IBM Business Partner Awards and is profiled on page 18. Elsewhere, Integral had significant projects at TNL Group and Yakka Apparel. Integral’s business continuity consulting division – which was only formed in January, 2006 – got off to a flying start with engagements at GE Money and Amcor.