PRESS RELEASE
HTC Sweden AB features once again in Tillväxtlistan – the list of Sweden’s rapid-growth companies that have met tough criteria, including at least 25% annual growth over 6 years!
HTC is one of only 11 product companies among the total of 84 companies, primarily within services and retail, that qualified for the 2008 growth list. HTC ranks 44th in the overall list. The average turnover for HTC has increased from 33.78% in 2007 to an impressive 35.57% in 2008.
Ahrens Rapid Growth has published the prestigious Tillväxtlistan, which focuses on the engines of the Swedish business world, since 1993. By publishing Tillväxtlistan, they wish to focus attention on the true aces in business – the rapid growers. This is an important mission. Companies that demonstrate profitable and persistent rapid growth create many new jobs and contribute to renewal and development within the business world. Many companies in Sweden are currently experiencing growth, but few are growing year after year, while retaining profitability. The companies nominated for the list are growing persistently and profitably, according to Ahren’s criteria. A place on the list, therefore, is a desirable and well-deserved accolade – it is these companies that are driving Swedish business forward.
In order to get onto the list, the average organic growth in turnover must be at least 25% over 6 years. Growth must therefore not be the result of acquisitions. The company must also be profitable, stable, have substance and stand on its own feet. Only 65 Swedish companies managed this during 2007. This year, 84 companies appear on the list, which is a record. HTC has retained its place, 43rd in 2007 and 44th this year. It is worth noting that only 11 product companies, i.e. companies with production, ended up on the list. One of these is HTC. Otherwise, the list is dominated almost entirely by service companies and individual trading companies. HTC Sweden AB is a developing, productive company that sells to a global market. HTC has had impressive average growth of 35.6% during the last 6 years!
Contact:
Marie Ardell, Marketing Manager, HTC Sweden,
Tel: +46 (0)121-29 475
Sten Jeansson, CEO, HTC Sweden,
Tel: +46 (0)121- 29 400