0
General

Q.beyond growth strategy drives 13% rise in FY revenue during pandemic

Tuesday 26 January 2021 | 09:26 CET | News
Q.beyond, formerly known as QSC, said that based on preliminary results, its revenues grew year-on-year by 13 percent in 2020 to EUR 143.4 million. Revenues in Q4 reached EUR 39.8 million, up 13 percent compared with the third quarter in 2020 and up 20 percent compared with the same period in 2019. The company said that growth during the coronavirus pandemic was driven by the "2020plus" strategy.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General / IT
Companies: Q.beyond
Countries: Germany
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Q.beyond sells part of colocation business to Datev

Published 02 Aug 2021 09:38 CET | Germany
Q.beyond, formerly known as QSC, is selling its unit IP Colocation to Datev, an IT service provider for tax consultants, auditors ...

Q.beyond lifts revenues in Q1, turns EBITDA-positive

Published 13 May 2021 10:10 CET | Germany
Q.beyond, formerly known as QSC, said its revenues grew year-on-year by 10 percent to EUR 37.5 million in the first quarter of ...

Q.beyond plans to become climate neutral by 2025

Published 30 Apr 2021 11:03 CET | Germany
German IT service provider Q.beyond, formerly known as QSC, plans to become climate neutral by 2025. The company said it will ...

Q.beyond partners with CAS on SAP projects for retailers

Published 15 Jan 2021 08:26 CET | Germany
Q.beyond, formerly known as QSC, said it has signed a partnership agreement with the consultancy CAS to cooperate on SAP projects ...

Q.beyond introduces StoreButler IoT platform for retailers

Published 03 Dec 2020 11:12 CET | Germany
Q.beyond, formerly known as QSC, said it has introduced a cloud and IoT platform for retailers called StoreButler. StoreButler is ...

Q.beyond updates 2020plus growth strategy

Published 17 Nov 2020 17:48 CET | Germany
Q.beyond, formerly known as QSC, has updated its 2020plus growth strategy. The company forecasts an increase in revenues for its ...

Q.beyond grows revenues, orders in Q3

Published 10 Nov 2020 10:57 CET | Germany
Q.beyond, formerly known as QSC, said its revenues rose to EUR 35.1 million year-on-year in the third quarter of 2020 from EUR ...