Sanderson Group plc is a well-established, profitable, software and IT services business specialising in digital retail technology and enterprise software for businesses operating in the manufacturing, wholesale distribution and logistics sectors. Operating primarily in the UK and Ireland, the Group provides its customers with enterprise systems designed to help them grow and run their businesses efficiently and profitably. Sanderson maintains a strong market position due to the quality of its products and services and its successful track record.
The Group has a strong revenue model, with approximately 50% of revenue arising from recurring licence, support and maintenance contracts. A further 40% is derived from the existing customer base, with the balance represented by revenue from new customers.
Sanderson is a resilient business. The strength of the Group's large, well established customer base is expected to enable Sanderson to trade robustly in the current financial year, subject to general market conditions prevailing within the UK economy.
The Sanderson business was founded in 1983 and grew organically and by acquisition to over £119m revenue. In December 2003, the original Sanderson Group was demerged into three separate, independent entities with the present Group retaining the Sanderson name and brand.
Sanderson is a name widely recognised as an established provider of software and IT services.
The Group's industry knowledge, proven revenue model, track record and acquisition experience, gives Sanderson the confidence that it is well placed to deliver both organic and acquisition-led growth in the future.