celebrated the 10th anniversary since its creation through merger with a record year, delivering 45% growth and group revenues of £43.9m / $70.2m.

There were a number of factors which contributed to this growth, including a buoyant Oil & Gas sector and a full year of revenue generated from our first acquisition; a coaching and productivity business based in Houston that we purchased in January 2012. This helped push our US revenues to $29.7m in only its 5th full year of trading.

It is always pleasing to see our success recognised and benchmarked externally and this past year saw prosource measured as the 65th fastest growing International Sales business in the UK (Sunday Times) and the 32nd fastest growing business in Houston (Houston Business Journal).

In the ten years since the merger, prosource has achieved 40 successive quarters of year-on-year quarter growth growing to 1800% of its pre-merger size and now has a global headcount in excess of 550, including a further 150+ in the past 12 months.

The past 12 months also witnessed a number of Health & Safety and Compliance initiatives being delivered, including Advanced FPAL registration, Code of Conduct rollout and British Safety Council certification. We are also pleased to record that we experienced zero workplace injuries and zero Code of Conduct breaches during the last year. Our ongoing commitment to Health, Safety & Compliance underpins our business and is an essential ingredient of our business plan.

After a near trebling in size in the past 3 years, we are confident that growth will continue through 2013/14 and our order book suggests that we should expect revenues in the region of £50m / $80m for the next 12 months.

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