Esker posts record year in sales and results thanks

Esker, one of the world’s leading sales and providers of document process automation solutions, announces its financial results for 2012 , confirming forecasts with record sales and profits. Revenues reach €40.3 million , representing an increase of 11% at current exchange rates. Operating profits increas by 12% (10.6% of turnover), while net profits exce €3 million, representing an increase of around 14%. This successful year again demonstrates the importance of Esker’s strategic positioning in the dynamic market for cloud computing- bas document process automation .

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Last year was mark by an acceleration in the list of hong kong consumer email adoption of the Cloud model by companies of all sizes in all sectors. For Esker , this trend has translat into a significant volume of contracts with major international companies that are committ to automating their document processes in the cloud. These contracts also represent a good opportunity to maintain growth in the coming years, and will become customer references , which will be key to the company’s development and to maintaining its path of success.

Thanks to its strategic positioning and development plans launch in 2005, as well as the current trend in the adoption of Cloud Computing, Esker is well position to continue growing in the coming years, despite the slight decline in the traditional software industry. Throughout 2012, Esker’s Cloud solutions grew by around 25%, and represent nearly 55% of the company’s sales, compar to 48% of the business in 2011.

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Cloud-bas solutions are successful because they offer companies two critical advantages: 1. They can continuously evolve their IT systems without major investments; 2. They can sustain automation projects even in times of economic uncertainty. The success of its cloud solutions ensures Esker a steady stream of revenue growth, which will positively impact its profitability and enable it to undertake ambitious research and development projects .

Benefits and forecasts

Tight cost controls combin with strong growth in cloud is the facebook logo design plagiarism? computing enable Esker to easily offset the decline in traditional license sales. The company has manag afb directory to achieve its financial results while laying a foundation for sustainable growth for the coming years . Operating income increas by 12% to €4.27 million, while net income increas by 14% to more than €3 million. The company’s cash flow stands at €11.4 million, compar to €10.8 million in 2011. Bas on its business model and the consistent success of its solutions, Esker is in a position to anticipate that the trend seen in 2012 will continue throughout 2013.