Logos Group reports strong growth in 2000
www.multilingual.com 15/02/2001


The Logos Group, a provider of multilingual content management services and now active in multilingual publishing, reported the results for multilingual information services alone for the year 2000. Sales amounted to more than 17 million euro, an increase of 44% on the 12 million euro for the previous year. The gross operating margin remained steady at around 21%.

The growth is a result of a variety of different factors, notably an aggressive expansion in the export marketplace -- especially in relation to European markets. The Group acquired new companies in Belgium, Spain, France and Holland. Growth has also been achieved thanks to the wider range of services offered to high growth sectors such as e-business ventures. There has been a significant increase in demand for the localization of Web sites, portals, marketplaces and e-commerce platforms.