Unicom hits £50m turnover mark

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Unicom has seen its annual turnover exceed £50 million with a 13.5 per cent rise in sales and an 11.8 per cent increase in profits to the end of April 2010.

The company saw turnover increase from £44.5 milliom to £50.5 million, with pre-tax profits at £12.7 million compared to £11.2 million to the end of April 2009.

Unicom has around 85,000 customers, primarily small or owner-managed businesses with telephone bills of approximately £700 a year.

Unicom operations director Chris Earle said: “2009/10 has been another excellent year of trading and forecasts for 2010/11 are equally positive. We expect turnover to reach £55 million by increasing our market share and our profits are projected to rise to more than £15 million.

“Our new mobile product will start to make an impact later in the year, but we will see the full benefit in terms of growth in 2011.”

 

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