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NEWS23 April 2013

Simon-Kucher sees Q1 growth

Financials UK

UK — Strategy and marketing consultants Simon-Kucher & Partners has increased its revenue worldwide in the first quarter of this year compared with Q1 2012.

The company generated £32m revenue worldwide in the first three months of 2013 – 11% higher than in Q1 2012.

Order entry growth was up 17% with new project wins totalling £39.5m in Q1.

Simon-Kucher has already added 50 to its teams in the past three months with another 100 planned for the year and new offices opening in Brazil and Chile.

The consulting firm said that, with growth rates on similar high levels across its European and US offices, it was confident that it will reach or top its 2013 targets, with revenues of over £136.8m anticipated.

“Everything is going according to plan, ” said Simon-Kucher’s joint CEO Georg Tacke. “The upcoming months also look very positive.”

@RESEARCH LIVE

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