Thomsons Online Benefits, the leading employee benefits consultant and technology provider, today announced that it has been listed for the second year running in the Sunday Times Tech Track 100, a highly coveted league which ranks Britain's fastest growing unquoted technology companies.
This year Thomsons was ranked 54th in the league (32nd last year). Rankings are based on percentage sales growth over two years, with Thomsons Online Benefits recording an impressive 79.40 per cent compound annual growth rate over the two financial years between 2004 and 2006.
The Tech Track 100 league is compiled by Fast Track, the research, publishing and networking company based in Oxford.
Michael Whitfield, Managing Director of Thomsons Online Benefits commented, We are delighted that our continued strong growth in profits and revenue has been recognised once again in the Tech Track 100 listing. Our business is all about consistency, reliability and scalability and we are set fair to continue this upwards trend with further outstanding growth already in the bag for 2007. With an excellent year clearly visible for 2008, we intend to lead from the front, show our competitors a clean pair of heels and clearly establish ourselves as the market leader in the UKî.
He added, ìOver recent years we have been revolutionising the accepted employee benefits business model by combining consultancy with leading edge technology and stimulating communication strategies. Looking ahead to our year end on December 31st, we are again predicting year on year growth in our revenue in excess of 40% and EBIT of over 50%. In 2008 we have some exciting new technology releases planned and these, combined with our global expansion, will further reinforce our robust, successful and sustainable business modelî.
This year's Sunday Times Tech Track 100 was published in 30th September issue of the Sunday Times. More details can be found at:
Thomsons Online Benefits celebrate listing in Sunday Times Tech Track 100
.
