Tridion, a leading global provider of Web Content Management (WCM) software solutions, today announced record financial results in 2006. New UK customers included include British Medical Association, British Dental Association, Amateur Boxing Association and Youth Hostel Association
Tridionâs revenue growth continued to accelerate from 2005 and profitability hit record levels, with revenues topping Â£14.2 million and net profitability reaching Â£3.5 million, representing a net margin of 25%. With these excellent results, Tridion confirms its position as the most profitable vendor in the enterprise class best of-breed WCM sector, a market Gartner Group estimates to be experiencing âdouble digit growth.â
Tridionâs primary revenue growth drivers in 2006 were the significant expansion in the US market as well as market share growth across Europe. The companyâs focus on enabling customers to deliver consistent, yet highly targeted customer experiences in multiple languages across multiple Web sites and channels lead to significant global customer expansion. Tridion was the fastest growing enterprise class WCM vendor in the US market last year. In addition to the impressive revenue and profitability figures, cash holdings increased to Â£9.4 million at year-end 2006 and Tridion confirms that it has no short-term or long-term debt.
âTridionâs overwhelming success in 2006 points to the strength of our software solutions and team, and is a clear indication that the Web Content Management market is showing renewed momentum,â said Pieter Varkevisser, CEO of Tridion. âWe look forward to more success in 2007, as we increase our investments in global expansion and broaden our product portfolio. From the opening of a second US office in San Francisco to our efforts to strengthen Tridionâs presence in the Asia-Pacific region, we are confident that our plans for this year will further solidify our role as a leader in WCM.â
Besides Tridionâs additional UK customers, a substantial number of customer in other market were added to its roster in 2006 including Spandex, Nobel Biocare, breastcancer.org, Kaiser Permanente, Sodexho Alliance, IBS and SDL. Many existing customers also extended their Tridion installations, including Rabobank, Toyota, Honda, Canon, VisitBritain, National Bank of Poland, ING Real Estate, ABP, France Telecom and Ricoh.