Onventis continues growth course
01 April 2019 | Press
Onventis GmbH closes the business year 2018 with a new record result: Once again, the e-procurement specialist from Stuttgart achieves significant sales growth with an increasing operating result. The objective for the future is clear: the growth path is to be continued through the further expansion of the Onventis Cloud Procurement Network and the internationalization of the business model.
With another record year, Onventis has mastered the next stage of its corporate development: the company was able to report repeated sales growth of approx. 30% and at the same time more than double its EBIT compared to the previous year.
2018 war erneut ein erfolgreiches Jahr für unser Unternehmen. Wir konnten hohe zweistellige Zuwächse erzielen und damit unsere Profitabilität nachhaltig stärken.
Frank Schmidt, geschäftsführender Gesellschafter von Onventis.
Onventis attributes the positive development to the clear orientation of the all-in-one procurement network for the target group of international SMEs, the innovative strength as a leading cloud player and the rapid increase in personnel.
Read the full press release here.
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