2e2 Report Profits Rise

Reseller group 2e2 has reported their financial results for 2006 which show operating profits increased by 41% to £7.8m from £5.6m. The report highlights the acquisition of Kingswell Data Management into the group and their Fast Track 100 placement.

Terry Burt, 2e2’s Chief Executive commented: “2006 was another strong year for 2e2, with the completion of our UK integration and re-branding project, an acquisition earlier in the year and continued strong organic growth. We also completed a secondary financing with Duke Street Capital which provides us with the backing to support the next stage of our development.

I would like to thank our managers and staff for their continued hard work and support over the past year in what has been a challenging period of change.”