Trend Micro EMEA continues to grow in both services and geographical reach
15th December 2010, Cork, Ireland - Trend Micro EMEA has announced it has continued to grow in both the scale of services delivered and geographical scope, according to its statutory accounts for year 31-12-2009. The introduction of new, award winning products, acquisitions, and increases in headcount, have helped Trend Micro EMEA Limited drive a three-fold increase in profits and realise a turnover of 157m. This represents a year-on-year increase of 109%.
Commenting on its success in EMEA, Anthony O'Mara, Senior Vice President, Trend Micro EMEA Limited said ‘Trend Micro's EMEA operation continues to perform solidly in difficult trading conditions, and we are very impressed with the results it has achieved. In 2011, Trend Micro EMEA Limited will continue to play a key role in the overall group success of Trend Micro, working with its channel partners to drive and fulfil demand for our award winning solutions for consumers, SMEs, and enterprises."
Whilst the company's operating costs have increased in line with turnover, the group has been able to record a 500% increase in operating profit to €4.9m. Management of the company's investments has allowed the company to post a 300% improvement in profit before tax of €17.6m. The results leave the Trend Micro EMEA Limited's balance sheet in a very strong position at the end of 2009.
From a regional perspective, Trend Micro EMEA Limited continues to demonstrate its long term commitment to the Irish operations centre, through strategic investments in capital and people. This is illustrated in the increases in headcount in Ireland, and in branches and subsidiaries across EMEA.
Meanwhile, Trend Micro EMEA Limited's management will continue to make strategic investments in people to ensure increases in revenue and profit. Further investments made in 2010 - including the acquisition of Humyo in the UK assure a positive future for the Trend Micro group in Ireland and EMEA.
About Trend Micro
Trend Micro Incorporated (TYO: 4704), a global leader in security software, strives to make the world safe for exchanging digital information. Our solutions for consumers, Trend Micro™ Smart Protection Network™ provide layered content security to protect information on mobile devices, endpoints, gateways, servers and the cloud. Trend Micro enables the smart protection of information, with innovative security technology that is simple to deploy and manage, and fits an evolving ecosystem. Leveraging these solutions, organizations can protect their end users, their evolving data center and cloud resources, and their information threatened by sophisticated targeted attacks.
All of solutions are powered by cloud-based global threat intelligence, the Trend Micro™ Smart Protection Network™, and are supported by over 1,200 threat experts around the globe.
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