Stibo Catalog builds on success and achieves double digit revenue growth again in FY2006/07
Aarhus, Denmark, July 17, 2007 – Stibo Catalog, the leading provider of merchandising and product content management solutions for multi-channel marketers, today announced double digit revenue growth for its fiscal year 2006, ending April 30, 2007.
Stibo Catalog signed more than two dozen new customers, through its direct and indirect sales channels in that period. These new customers include amongst others Saga and Nisbets (UK), W&W Cycles and Nordwest GmbH (Germany), as well as Mountain Equipment Co-op and DEMCO, Inc. (North America).
The company continues to see very strong interest in its STEP solution, especially in the manufacturing and distribution markets. Stibo Catalog is also gaining traction in the b2c catalog and retail markets with its latest release, STEP 4.8.
STEP 4.8 includes a range of tools designed to add value to merchandisers, including a flat planning tool, sophisticated sales data analysis capabilities, and version management.
Since becoming Stibo Catalog’s exclusive reseller in Japan in 2006, Dai Nippon Printing Co has added several new STEP customers.
Stibo Catalog’s data and catalog management production group based in Bangalore, India, alongside the production groups in Swindon, UK and Singapore, has more than doubled in size due to more outsourced production projects.
Mikael Lyngsø, CEO of Stibo Catalog commented: “We are experiencing exciting times of growth at Stibo Catalog. The company has seen double digit revenue increase for three consecutive years. STEP 4.8 has been extremely well received in the market and our production services group is expanding due to increased customer demand. We are well positioned to continue delivering leading edge technology and top of the class customer service.”
ABOUT STIBO CATALOG
Stibo Catalog is a leading provider of software and service solutions that help companies to manage product content efficiently, and deliver consistent product promotions across multiple delivery channels. Stibo Catalog was founded in 1976, and has over 170 employees in the UK, USA, France, Germany, Denmark and Singapore. It is part of Stibo A/S, with its two sister companies CCI Europe, the world’s leading supplier of system solutions for newspapers and magazines as well as Stibo Graphic, one of Europe’s largest printing installations. Stibo Catalog’s customers include RS Components, Patterson Companies, Henry Schein, Siemens, Figleaves.com, Screwfix Direct, Conrad Electronic, Europart, NAPA, MSC Industrial Supply Company, and many others.