The Swindon-based telecoms and IT solutions service provider, Excalibur Communications, has reported a 30 percent rise in profits for the year ending 2016-2017.
The firm claims that this takes the company to a £7.8 million turnover and marks a “positive end to the year” which has seen its non-mobile revenues grow by over 40 percent.
Additionally, the company has announced the appointment of former chief executive officer and shareholder, James Phipps, as executive chairman. Nicky Alberry is stepping down from her role as chairman because, in April 2018, she will become high sheriff of Wiltshire 2018/19.
Nicky has been chairman at Excalibur since 2014 and has apparently overseen the strategic direction of the company as it “transitioned from being a mobile communications supplier to a specialist business-to-business communications and IT solutions provider.”
Commenting on the year’s performance and Nicky’s departure, James Phipps said: “Nicky has been an excellent chairman and we thank her for her hard work and commitment to the business. She has provided me with excellent counsel for many years as the company and market has undergone considerable changes. The business has strong foundations and I look forward to supporting the new management team as it continues to drive growth.”
Nicky added that it had been “a pleasure” to be involved with Excalibur. She explained: “Not only has it undergone a successful business transformation but achieved this at the same time as building a strong staff and community proposition for the company.
“This is evidenced by Excalibur being listed as a Sunday Times Best Small Company to Work For this year and its significant fundraising for charities including Wiltshire Air Ambulance and the Younite Foundation which sponsors a school in Kenya.”
Pictured above: James Phipps
To find out more about Excalibur’s new CEO, Peter Boucher click here.