Perfion Blog

Perfion achieves record results in FY 2020/21

Perfion achieves record results in FY 2020/21

February 2022 -- Perfion, producer of the Product Information Management system of the same name, has again achieved groundbreaking success in the 2020/21 FY.

This means that Perfion is repeating its success of presenting the best result in the Group's lifetime for the second year in a row.

Delivering further growth and record results for the second time in as many years

2020/21 was the best year to date for the Perfion Group, consisting of their HQ in Denmark, subsidiaries in the USA and Germany, with offices in the United Kingdom, and Netherlands.

In 2019/20, Perfion celebrated their most successful financial period in the companies history, and has continued in that vein in 2020/21 to further strengthen their hold across all territories, resulting in:

- Organic revenue growth of 35%
- Increased headcount by 58%
- Growth in profit by 92%

All of this in line with the opening of new offices in several regions, boasting further employment to the Group's global departments.

Perfion CEO Jan Nørret explains how the growth has been possible:

"Perfion is a great global company with dedicated employees who have managed to navigate a setup with many new colleagues while keeping a focus on growth and the large influx of new customers. Due to the increased focus on digital transformation in all types of companies, we have seen an extensive and growing demand for effective Product Information Management and the Perfion PIM solution in all our markets in recent years."

Claus Christensen, Chairman of Perfion, said:

"Perfion has been through an incredible evolution. We already adjusted our strategic focus in 2019 according to the opportunities we could see across the markets back then, and we will now continue our work towards taking further market shares in the global market for PIM systems."

Perfion will continue to focus on maintaining its position as the Best-in-Class PIM solution for the B2B space with their no-code Best-of-Breed solution.

New Perfion offices in Manchester, Düsseldorf and Amsterdam

Over the past few months, Perfion has expanded its presence in the European market with new offices and additional staff in Manchester in the UK, Düsseldorf in Germany and Amsterdam in the Netherlands.

"With these three central locations in Europe and with dedicated Perfion teams consisting of local sales staff and consultants in all locations, we can now support even more companies on their digitalization journey and thus also with the increase of efficiency in their entire business", says Jan Nørret.

Perfion maintains expectations for continued global growth in the current financial year.

About the Perfion PIM solution

Perfion PIM is an easy-to-use, no-code Product Information Management solution, serving as the Single Source of Truth for product information. With Perfion, all kinds of organizations manage product data in one place and from here seamlessly push it to their print and digital publications, apps, online stores, data pools, and websites. Perfion is open to integrate completely with existing IT-platforms and handles continuous changes in requirements without extra cost.

Perfion offers easy integration to a number of platforms and applications, including Microsoft Dynamics AX, NAV, and 365 (out-of-the-box integration), SAP, CMS systems, e-commerce systems like e.g. Sana Commerce, Magento Commerce, Shopify, Ucommerce, OXID eSales, and more, Microsoft Office (Word, Excel, PowerPoint), Adobe InDesign and others.

Your contact for more information:

Jan Nørret

Jan Nørret, 
CEO, Perfion

Contact Jan Nørret