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Revenue Up 40% at Kadence UK
B2B specialist Kadence International has reported a 40% climb in revenue to £4m during the financial year 2008-09.
UK sales increased as a result of the firm winning eleven new accounts, and during the period, 97% of the firm's existing clients commissioned research, with four key accounts increasing their research spend by more than 150%.
As a result, Kadence has increased staff from 21 to 28, and is recruiting a further five researchers to contribute to the company's expansion.
UK MD Kieron Mathews comments: 'The team has worked hard over recent years to build a sustainable client base through the delivery of creative and engaging research projects which provide quality findings, and it is thanks to these efforts that we have enjoyed yet another year of growth.'
End of year figures (June '08-'09) for the Kadence International Group will be released next month, detailing the performances of its operations in the US, India, Malaysia, Indonesia, Singapore and China.
Earlier in the year, Kadence claimed the title of 'greenest' market research company in the UK after appearing in The Sunday Times Best Green Companies in Britain list.
Web site: www.kadence.com .
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