Incremental Group Scale Up Revenues

Glasgow-based digital technology outfit Incremental Group to deliver £15 million revenue in the new financial year.

17:41 02 July 2018

Incremental Group, a Glasgow-based digital technology company, is scaling up with a projected £15million revenue in the new financial year. The company, which now has five locations across the UK, said that its revenue had increased by 60per cent while underlying earnings have doubled to £1million. During the year, it opened a Manchester office and won a series of new clients from across the public and commercial sectors.

 

 

The firm’s chief executive and co-founder Neil Logan, who is now targeting the ambitious goals of £60m in revenues, £10m in underlying earnings and a workforce of 500 by the 2022 financial year, said: “The team has a strong sense of purpose, vision, ambition and shared values. Our growth strategy has been to harness this, widen our service offering, diversify across sectors and strengthen our coverage across the UK.”

 

He added: Logan added: “Not only do we want to build one of the UK’s most successful digital technology companies, we want to do it in an inclusive way.”

 

The firm was launched in November 2016 with financial backing from the Scottish Investment Bank and Maven Capital. It also received £500,000 from the Scottish Enterprise for its expansion last year.