Beating the recession and driving Sheffield’s digital economy

Beating the recession and driving Sheffield’s digital economy

12/03/2010

In a year where much of the UK was struggling in recession we are delighted to announce we have not just beaten the trend but, based on preliminary results for the year ending 31st December 2009, have increased revenue by 141%!

We feel proud to be a flagship for Sheffield’s digital industry, demonstrating how the new digital regeneration of Sheffield is helping to fight the recession. When financial results are released at the end of March we expect to see an increase in profit, up by 226% on the previous year!

Amelia Thorne, Director of Technophobia announced: “We are delighted with the results for 2009 and feel with the appointment of Emma Marshall to the role of Managing Director, driving the business, we are now in a strong position to further consolidate last year’s performance and implement our strategy for future growth.”

Emma Marshall, Managing Director of Technophobia commented: “2009 was a wonderful year for Technophobia; we formed many great relationships, saw expediential business growth , recruited gifted staff and implemented new and exciting initiatives.

It was also a challenging year and our successes are down to the hard work, talent and ingenuity of our people.

2010 offers the same opportunities and challenges, but with the team behind us I am confident we will continue to grow, learn and innovate.”

Technophobia’s impressive 2009 highlights included:

  • The award of a £1.5M contract by the Technology Strategy Board
  • The completion of a new online recruitment service for South Yorkshire Police
  • The award of an Alfa Romeo global community project
  • The award of an internal project for Pizza Express
  • Increase in employee numbers up by 20%.

Paul Scriven, Leader of Sheffield City who visited Technophobia on a recent business visit commented: “The growth of companies like Technophobia is important to the future prosperity and technological capability of Sheffield. That is why Sheffield City Council and Creative Sheffield have set out practical and financial measures to support this growth and ensure we continue to attract and nurture the right people and skills in Sheffield.”

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