Luxembourg-based ICT consultancy firm Arηs Group recorded 23% growth and a turnover of €108 million for the 2018 financial year.
Indeed, Arηs Group has seen an annual growth rate exceeding 20% for the past eight years and last year proved to be no exception. Earnings before interest and taxes (EBIT) also amounted to a new record of €9 million for the company.
Founder and CEO of Arηs Group Jourdan Serderidis has commented on these positive financial results: "Such growth is indicative of the unparalleled level of service we provide to our customers and the commitment of our employees."
The year 2018 similarly saw Arηs Group set up a new headquarters in Belval and it reached over 1,300 employees for the first time since its establishment in 2003. The company started off with a team of five employees 15 years ago. It was in response to this growth that the group built new offices located in the Belval Square Mile neighbourhood along with others in Ghent (Belgium) and Lyon (France).