Record Results for the SAI Group
2003年10月28日 - 8:00PM
PRニュース・ワイアー (英語)
Record Results for the SAI Group SYDNEY, Oct. 28 /PRNewswire/ --
The SAI Group has reported record sales and profitability for the
financial year 2002-2003. SAI has recorded revenues of US$59.4M and
a record operating profit of more than US$3.5M. According to the
Chief Executive of SAI, Mr Ross Wraight: "These revenue results for
the fiscal year 2003 reflect SAI's continuous profitability and
growth and reinforce our fitness for further international
expansion. "All areas of our business, Business Publishing,
Professional Services and Assurance Services have shown growth in
sales and significant cost savings," said Mr. Wraight. A key
component of the 2002-2003 profitability included the acquisition
by our auditing subsidiary SAI Global Limited of the leading
Connecticut based training and education business, Excel
Partnership Inc. "The acquisition of Excel Partnership greatly
increased our ability to service our multi-national clients and
deliver significant benefits to our existing clients," said Mr.
Wraight. "The acquisition is expected to add more than US$9.8M per
annum to our group revenues and has accelerated our expansion into
the North American market. "Business Publishing has also continued
to performed strongly through the highly successful application of
web technologies. The division is now generating around 40 per cent
of its revenue from electronically-based sales and 35 per cent from
products delivered electronically." Other key factors which
supported SAI's strong year-end results include: -- Acquisition of
KPMG's certification business in Mexico; -- Reduction in operating
costs. Key achievements during the year also include: -- Quality
Assurance Services Limited, SAI's subsidiary organisation supplying
conformity assessment services, has changed its status to a public
company and changed its name to SAI Global Limited, to more
accurately reflect its increasingly global profile; -- Achievement
of certification to the latest international quality standard ISO
9001:2000. "All the indications are for an extremely positive 2004
for the SAI Group," said Mr. Wraight. "Globally, we plan to
continue our expansion to capture new global clients. In addition
to actively building the Excel Partnership business, we are looking
into options for increasing our presence in China and to
consolidate and expand our European assets. "In the meantime, the
creation of new products and services that meet the ever-growing
needs of our existing and future clients continues to be a
priority, with this year's performance setting a benchmark for the
future." The SAI Group Annual General Meeting will be held at 10am
on the 12th of November 2003 at SAI's head office, Sydney,
Australia. For more information about the SAI Group please visit
our website http://www.standards.com.au/ . Media Inquiries - Tom
Godfrey - SAI Group Ph: +61 2 8206 6863 Email: DATASOURCE:
Standards Australia CONTACT: Tom Godfrey of SAI Group,
+61-2-8206-6863, Web site: http://www.standards.com.au/
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