(1888PressRelease)
January 20, 2009 - Manchester, (PR WEB): dotMailer Ltd, a leading digital marketing agency, is pleased to announce that their revenue has increased by 97% to £2.47m (April 2007: £1.26m) and Pre tax profit increased by 118% to £0.75m (April 2007: £0.34m) in 2008 compared to 2007. To add to this, 50% of revenue earned by the company is recurring revenue. The report was published in the Financial Times.
Recently there have been reports about market depression and squeezing of marketing budgets and spend in light of the gloomy economic forecast. However the exceptional growth of dotMailer in the digital marketing sector shows a different picture altogether.
Peter Simmonds, Managing Director of dotMailer, said, "I am delighted to report on one of the most successful year's in dotMailer's 9 year history. With the market for digital marketing really taking off, we have enhanced our unique product offering, expanded our operations and achieved a nearly doubling of both revenues and profits."
He also added that “Our success has been achieved through a comprehensive growth strategy designed to fully exploit the opportunities presented by the rapidly growing market for email broadcast services. With our strong financial position, which sees 50% of yearly revenues recurring in nature, and unique product offering, I believe we have an excellent platform upon which to continue to build future growth.”
dotMailer has also expanded operations to Manchester to meet demand for services in the North of England.
To read the full report please visit http://announce.ft.com/index.aspx?a=638310 and to know more about dotMailer, please visit http://www.dotmailer.com/
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