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Home Oxygen 250

58. Kinly

Oxygen staff by Oxygen staff
25 January 2024
in Oxygen 250
One of Europe’s largest IT resellers, Econocom, just posted growth
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Revenue: £87.6m (+3%)        

Headcount: 558

After being “hard hit” by supply chain shortages, the UK arm of this Dutch videoconferencing and AV specialist called in McKinsey in June 2022 to initiate a transformation programme. As at the end of November 2023, it is “closely tracking its budget plan”. Calendar 2022 accounts, however, show a £12m net loss on revenues that rose 3% to £87.6m. Kinly’s UK presence is based primarily on its 2020 acquisition of AVMI.

Oxygen ice-breaker: Globally, Amsterdam-headquartered Kinly boasts revenues of €290m and 1,100-employees.

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