Dublin-based directory services firm Conduit today reported increased revenues and announced a goal of doubling revenues in the current financial year.
Posting results for the year to March 31st, 2001, the company said call volumes rose 161 per cent to 45.2 million calls compared to 17.3 million last time, contributing to a 177 per cent improvement in revenues.
Revenues for the full year stood at euro 30.4 million, up from last year's figure of euro 10.96 million. Full-year gross margin increased to 27 per cent from 25 per cent last year.
The company said it has cornered 35 per cent of the Irish market and an 8 per cent share in the UK, prior to deregulation.
Conduit said Oftel's delay in introducing full competition in the UK may impact on its ability to grow its UK market share and revenues this year.
But it said it remains confident Oftel will deregulate the UK market in the near future.
Conduit said it has opened three new call centres in Dublin, Cardiff and Biel and doubled the size of its Vienna centre over the year to March 31st 2001.
AFP