|By PR Newswire||
|September 3, 2014 03:04 AM EDT||
BERGHEIM, Germany, September 3, 2014 /PRNewswire/ --
IT distributor Siewert & Kau ends the 2013/2014 financial year with revenue up once again. The wholesaler increased its annual revenue of 450 million euros in the previous year to almost 490 million. The division into three business areas - distribution, logistics and services - and a focus on individual core product groups helped to bring about an increase in revenue for the IT wholesaler in the last financial year. The owner-operated company also attaches importance to sustainable, organic growth - a strategy that has paid off for the company.
Balanced product portfolio
Siewert & Kau's growth can be primarily attributed to the clear direction of its product portfolio. The wholesaler has a focus on product groups that are fundamental to the IT industry, offering a wealth of products which are always available in large numbers. Siewert & Kau's objective is to offer customers all the benefits of a quality range of products tailored to individual needs at all times. Siewert & Kau also increased its staffing level in the last financial year and now has over 300 employees.
Strong product groups
Imaging products in particular are booming at Siewert & Kau. Here the company benefits from the fact that it serves all target groups from a single source and with all the listed display brands. The sale of storage solutions, in particularly SSD flash memory drives, as well as the comprehensive portfolio of printers accounts for a large part of the company's growth. Siewert & Kau has also posted appreciable increases in the distribution of IT components, the wholesaler's original area of business.
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