Cello reports double-digit growth in 2013 revenues

Actual figures won’t be disclosed until 20 March, however the group said both divisions had seen solid operating profits, with Cello Health’s margin holding at 20%, and the Consumer division restoring its margin to double digits.

On the Consumer side in particular, Cello said growth had been helped by “a single large, non-recurring contract from an existing client [that] expanded rapidly in the second half” of the year.

Though this won’t be repeated in 2014, Cello said: “The diverse blue-chip client base of Cello Consumer provides several opportunities to replace it during 2014.”

Cello is working towards a rebranding of the Consumer division, which will become Cello Signal early into the second quarter of this year.

Pictured is CEO Mark Scott.