NEWS24 January 2012

Revenue up 15% at Simon-Kucher in 2011

Europe Financials

GERMANY— Marketing and strategy consultancy Simon-Kucher & Partners increased its revenue by 15% to €121.3m in 2011.

The company, which specialises in pricing, marketing, sales and strategy, said that all of its divisions and regions contributed to its “rapid growth”, and that it had achieved “outstanding” performance in the consumer goods, automotive and technology sectors.

Co-CEO Georg Tacke (pictured) said: “Our strongest growth was in the traditional core consulting markets. These markets will continue to support us in the future.”

The firm plans to open offices in São Paulo, Dubai and Istanbul in the next 15 months.

Tacke added: “Demand is strong and stable in every region. We expect our growth to continue in 2012, and that it will be another record-breaking year for us.” The firm aims to raise revenue by more than 15% to at least €140m this year, and €200m by 2015.