Brexit and Covid prove to be growth factors for Mallusk-based Vyta
MALLUSK-based secure IT recycling company Vyta has revealed that Brexit and the hybrid working revolution has played a significant part in its latest growth surge.
Previously known as AMI, the company, which also operates from Rathcoole in Dublin, announced an 11 per cent growth in revenues to £7 million for the last financial year.
Vyta said it's now on track to hit £9.1m in the current year.
The firm said it experienced increased demand for its services in the last financial year, as organisations carried out large IT refreshes to enable greater workforce mobility.
Vyta also said Brexit was a factor, as some UK competitors have struggled to compliantly deliver services to businesses that had offices in the Republic. As a result, Vyta became a partner for multiple IT disposal operators with a customer presence in both markets.
Chief commercial officer, Faye Thomas said: “2021 turned out to be a very strong year for us, despite the restrictions imposed by the global pandemic.
“Sustainability, security concerns, and data regulations have not gone away: they continue to be in the forefront of business leaders' minds and are vital to our business.
“We want to educate our customers about the benefits of recycling and using refurbished devices that not only reduce their carbon footprint, but also comply with stringent and ever-changing data regulations.
“Our business objective is to help customers get the most value from their old devices and minimise the risk of harmful data leaks by using the most technologically advanced equipment and processes.”