Eurostar sees continuing lockdown growth after smashing £100m sales milestone

Sales throughout May and June build on breaking the £100m sales barrier

Eurostar Global Electronics is hoping to build on a year of impressive growth despite the uncertain economic conditions.

The distributor saw turnover for its most recent financial year hit £103 million, an increase on £88 million the previous year.

Although its financial year ended in April this year, Eurostar has seen no slowdown in business throughout lockdown. According to sales and purchasing director Brett Watmough (pictured), sales for May and June show a year-on-year sales increase of 10 per cent.

Watmough added that there are “several new major customers due to transfer business to Eurostar in the next few weeks,” although he did not disclose which ones.

“Amongst other things, I attribute this success to a focused team with a combined experience in mobile of well over 300 years, with the desire to deliver for customers and vendors alike,” he said.

“To move from £27.6 million in turnover to more than £100 million in four years is phenomenal,” added Eurostar’s head of retail Dave Copestake, who added that business had grown “across the board”.

Currently, Eurostar’s sales and management teams are working from home, while the warehouse and technical teams remain at its offices under strict social distancing and hygiene measures. Copestake believes that the office will be in full use again by the end of the year.

As well as onboarding new clients and continuing to grow sales, Eurostar will also market its internally developed Enterprise Resource Planning (ERP) system, named Escape, under licence. Although it was built with mobile distribution in mind, Eurostar says it can be tailored to work for different channels and industries.

Earlier this year, Eurostar took home the Mobile News Award for best Mobile Device Distributor – Under 100 Employees.