o2o eyes growth despite 'disappointing' 2011

摘要

Leading UK OP reseller office2office (o2o) is confident of growth in 2012 despite what it described as a "disappointing" profit performance in 2011. In a preliminary results statement for the year ending 31 December 2011, o2o said that its top and bottom lines were significantly hit by government spending cuts. The latest results show that underlying profit before tax for the full year was £8.4 million ($13.4 million), down by £2.8 million on 2010's figure, while revenue was down from £207.6 million in 2010 to £193.5 million.