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Getmapping Post Strong Results

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Monday, July 28th 2014
Getmapping plc | Hartley Wintney, Hampshire, UK


Getmapping Post Strong Results

Getmapping has posted strong growth for the 2013 financial year. The recently released financial results saw Getmapping post record turnover and profits on the back of strong growth in both UK and African markets. Group turnover was up 34% overall from £3.5m in 2012 to £4.7m in 2013, with the contribution from African operations up 86% on the previous year. Getmapping's strong performance has also been reflected in its share price which has tripled in the last three years as interest in the company from investors grows.

Getmapping has been working hard to extend both the range of products and services that it can offer as well as its global reach. In 2013, for example, Getmapping established a new LiDAR Division in Centurion, South Africa which has enabled it to extend its range of services and provide them across a wider geographical area.

While the UK remains a challenging market, Getmapping continues to work hard to retain its strong position. As an example, Getmapping, together with Bluesky, were recently awarded a multi-million pound contract for the supply of geographic data to Central Government organisations. The contract, awarded by the Department for Environment, Food and Rural Affairs (DEFRA), covers high resolution aerial photography, detailed 3D height models and Colour Infrared imagery for the whole of England, Wales and Scotland. Under the new Aerial Photography for Great Britain (APGB) contract Getmapping and Bluesky can also provide training, consultancy and workshops to contract members.

"Getmapping delivered strong growth in 2013 across all of our core business streams. The company has invested heavily in new sensor and processing technology and the investment is already delivering strong results which we expect to carry through 2014 and beyond," said Dave Horner, Managing Director of Getmapping. "The recent DEFRA contract and winning the Aerial Photography contract for the Scottish Government in 2013 has reinforced our position as the leading supplier of aerial photography services in the UK. The financial results are an endorsement of our strategy, but we won't be resting on our laurels and aim to continue to improve our performance in 2014 and beyond."

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