Retail IT consultancy and technology firm, REPL Group, has announced a £26.9 million gross turnover for its latest financial year, an increase of 20%, as it looks to expand into new European territories to continue to grow its global presence and strengthen its team worldwide.
After successfully opening new offices in Singapore, South Africa and Texas, REPL is now looking to venture into a new European market as it looks to acquire office space in Germany, marking this as its tenth office location across the globe and increasing its presence on the continent. As part of this global expansion, recruitment is high on REPL’s agenda and the firm has already made 50+ new hires globally since 1st January 2019. This number is set to rise as REPL now moves its attention to recruiting for new senior positions including a managing partner for supply chain and a managing director for its American operations.
The company, which recorded profits of just over £2 million in 2018/19, has continued to invest substantially in robotic process automation (RPA) and data science. This has allowed REPL to capitalise on the 2018 opening of its Warwick-based testing hub that has facilitated the firm’s R&D automation testing for its partnership with BP.
Mike Callender, executive chairman, REPL commented:
“So far, 2019 has been a great success for REPL and we hope to continue this momentum in the second half of the year. We’re investing heavily in our people and, following our expansion into new markets last year, we are excited to open another office a bit closer to home. We’re also committed to furthering our data science capabilities and capitalising on our investment in automated testing as well as continuing to focus on our core business of helping retailers maximise the returns from their IT investments.”