Simon-Kucher Revenue Passes EUR 100m

German product, pricing and marketing strategy specialist Simon-Kucher has reported a 19% rise in 2010 revenue to EUR 105.4m - passing the EUR 100m milestone for the first time in its 25-year history.

During the year, the firm also expanded its consulting team by 14%, bringing its headcount to 500 permanent employees. The firm opened four new offices in Beijing, Copenhagen, Singapore and Sydney, and now has a total of 23 offices in 17 countries.

More than 40% of revenue was achieved abroad with the fastest growth seen in its UK business.

CEOs Klaus Hilleke and George Tacke commented: 'Our 2010 results were above the industry average. By the end of 2011, revenue is expected to have climbed another 15% to reach over EUR 120m, and we have our eyes on hitting the EUR 200m mark by 2015.'

Web site: www.simon-kucher.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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