Impressive results for LINE
LINE Communications, one of Europe's leading suppliers of learning and communications announces strong results for 2013.
In a challenging year for the market, LINE exceeded all of its core 2013 targets for sales, revenue and profitability. All areas of the business performed well with new clients secured across a range of sectors including pharmaceuticals, manufacturing, engineering, professional services and fast moving consumer goods (FMCG). All of these new clients have a global footprint and fit well into the profile of businesses that LINE has a proven track record of securing long-term relationships with.
2013 saw LINE achieving three consecutive record quarters for sales from quarter 2 onwards. 2014 continued the exceptional sales performance with new business in excess of £1m secured during the month of January, more than double the value of January 2013 sales and another record for the company. This included work with four new clients from the telecommunications, charitable, pharmaceutical and retail sectors. Revenues from existing clients throughout 2013 and carried over into 2014 are also buoyant.
2014 also marks LINE’s 25th birthday. The company, founded by Piers Lea in 1989 has grown from a small start-up business employing 4 people, to one of Europe’s largest and most comprehensive providers of technology enabled learning and communications solutions. In the recently published 9-GridTM report LINE was recognised as a Strategic Leader in the field of bespoke e-learning by the independent industry analysts Elearnity www.elearnity.com
Steve Ash, Director of LINE Communications says “The last 13 months have been quite exceptional for LINE. We’d like to thank the existing clients who continue to engage with us, some of whom we have been working with for over 20 years. We are also very pleased to have been so successful in attracting such a range of new clients from sectors where the LINE team can add real value through our depth of experience and knowledge.”
Piers Lea, CEO at LINE says “There’s a game-changing shift happening currently in what our clients expect and what we can supply. We’re well set to respond to the increased scale, complexity and creativity required. We are finding an greater accent on more sophisticated learning architectures and on performance support tools. All these factors are contributing to our success in this rapidly maturing market”.