SCC UK is undergoing a “recovery phase”, its parent company’s joint CEOs have acknowledged as they unveiled “strong” group results.
According to annual results unveiled today, Rigby Group saw revenues rise 3% to £3.8bn in its year to 31 March 2025.
Thanks in part to the sale of some businesses, group EBITDA vaulted 36% to £95m.
But Rigby Group’s “cornerstone” IT reseller and services business, SCC (which was founded by Sir Peter Rigby in 1975) endured a mixed year as its UK subsidiary’s profits continued to disappoint.
“Three-year recovery”
In the report, Rigby Group Joint CEOs James and Steve Rigby acknowledged that SCC’s UK business is still recovering from a dip in fortunes (having sunk to a loss in 2024).
“Much should be celebrated in the recovery phase of SCC UK; that said we are part way through a three-year recovery cycle as we adjust from the loss of private cloud gross profitability,” they stated.
SCC UK delivered operating profits of £21.7m, compared with the £50.7m generated by SCC France and £2.9m by the smaller Spanish business.
Although Rigby Group didn’t appear to break out SCC UK’s exact revenue tally in the report, simple algebra suggests it didn’t grow (SCC France’s revenues grew 4% to £2.5bn, and SCC Spain’s tally rose 3% to £100m, with SCC’s total up 2% to £3.5bn). The wider UK business (which also includes recent SCC acquisition Nimble) turned over more than £1bn in 2025, it revealed, however.
In his SCC results commentary, James Rigby admitted the UK business – which ranked 7th in Oxygen 250 2025 – delivered a level of profitability “we are not satisfied with”, despite the annual improvement.
“Over the last couple of years, the UK business has suffered from margin erosion from its private cloud platform which is the principal reason for lower performance,” he stated.
“We are encouraged by the results of initiatives to re-establish performance including the launch of a new, modernised private cloud platform, the success of new public cloud managed services offerings and investment in our sales capacity to drive increased product re-sell margins.”
Rigby Technology Investments eager for more deals
Via its Rigby Technology Investments arm, Rigby Group also owns buy-and-build IT and comms MSP CloudClevr and unified comms distributor Nuvias UC (as well as a stake in Infinigate).
CloudClevr’s revenues widened from £19m to £32m, while Nuvias UC’s top line shrank 13% to £68.8m amid “challenging market conditions”.
RTI’s family-owned credentials give it a “strong differentiator to private equity competition”, Rigby Group claimed in the report.
“Looking forward, the RTI division continues to look for new investment opportunities, primarily in the B2B IT services space including sub-sectors such as IT Managed Servies, data and security consulting, data services and software security and implementation,” it stated.
Following the year-end, Rigby Group has sold its airports division, with gains to be recognised in the next fiscal year.
“As we look forward to FY26, we will miss the income from our airports business, and it will take some time to reinvest the proceeds in income producing assets and we will continue to be a hybrid trading and investment business,” James and Steve Rigby stated in their Co-CEO commentary.
“SCC continues to be our most important asset, and we remain confident of the prospects for SCC and our ability to adapt to an ever-changing landscape.”
