News
Rapid growth during global financial crisis
22-01-2009
TalkPool has had average organic growth (CAGR) of more than 40%; and 2008 was no exception. The re-launched Consulting business unit and the new Middle East Africa market more than compencated for reduced revenues from Sweden. The fourth quarter 2008 was especially strong with record sales and earnings from the international business
The outlook is solid and TalkPool expects both rapid growth and improving profit margins for 2009. The prospect pipe for the two business units network services (especially O&M outsourcing) and Consulting (especially technical resourcing) is better than ever. So it seems that the credit crunch has not yet had a negative effect on TalkPool. It seems the global financial crisis has a positive effect on TalkPool as clients reduce OPEX and increase efficiency.