Infinigate reports GBP £1.2 billion revenue, 14% growth

Swiss-based Infinigate has reported a GBP £1.2 billion revenue for the first half of the financial year 2024-2025.

The technology platform company, specialising in cybersecurity, cloud, and network infrastructure, showed a 14% year-on-year growth despite a challenging macro-economic environment. The Middle East and Africa (MEA) region, spearheaded by Starlink, was highlighted as a significant driver of Infinigate's growth. The company also reported notable performance in Europe, particularly from the UK, which led the region, and a commendable start in the Asia-Pacific (APAC) region following the acquisition of Wavelink in July 2024.

Infinigate attributes this upward trend to factors including growth in the cybersecurity sector, an expanding portfolio of cybersecurity solutions developed in partnership with prominent vendors, and a network of channel partners. An ongoing investment in automation and digitalisation is also contributing to efficiency improvements in product and service delivery.

The company's outlook for the second half of the financial year remains positive, with plans to enhance its Managed Security Services offering through Infinigate Cloud and further expand partnerships with leading cybersecurity vendors. Industry analysts are forecasting a continued growth trajectory for the cybersecurity market, with expectations of over 10% growth globally in the coming years.

Klaus Schlichtherle, Chief Executive Officer of the Infinigate Group, commented, "We have reason for optimism, based on the first half results, as a new growth trend is profiling for Europe. We are confident that our investment in strong partnerships with vendors and channel partners will deliver improved results as we enter the second half of the year, with hopefully, an ongoing improvement in the economy." Schlichtherle added that the company is poised to capitalise on the anticipated growth in the cybersecurity market, emphasising the increased priority of cybersecurity investments globally.

Kristiina Leppänen, Chief Financial Officer at the Infinigate Group, stated, "The first half results, showing clear growth above average market trend, are a solid base for us to build on. Our revenue growth is the result of our investment in our portfolio, our strong partnerships and our operational excellence against the backdrop of challenging economic conditions. Our outlook is for ongoing growth, with a steady recovery expected to continue over the second half of the financial year."

Denis Ferrand-Ajchenbaum, Chief Growth Officer for the Infinigate Group and Managing Director of Infinigate Cloud, remarked on the company's success: "Our success owes a lot to our extensive and increasing portfolio and to our close partnership with a growing number of leading cybersecurity vendors. Over the past 6 months we have added 6 new vendors and expanded our collaboration with 6 existing ones." He further highlighted Infinigate Cloud as a key asset in the company's growth strategy, recognising its importance as part of the Managed Security Services Distributor (MSSD) model, amid an expected rise in demand for managed security services.