Saudi Xerox Witnesses 20 Percent Revenue Growth during 2009

Published July 5th, 2010 - 09:57 GMT

Saudi Xerox Limited (SXL) today released its 2009 growth figures. Despite challenging economic times, Saudi Xerox achieved 20% growth in its revenue in 2009 versus 2008.

The solid growth achieved in the Kingdom of Saudi Arabia (KSA) underscores Xerox as one of the leading vendors in the Saudi market with further plans to aggressively expand across the Middle East region and maintaining further growth in 2010 and beyond.

Ehab Guindi, General Manager of Saudi Xerox said, “The strong growth achieved in 2009 reflects our strength in providing proven and advanced printing and document management solutions to the local market in KSA.  We are experiencing particular interest in Xerox solutions that are, environmentally friendly, cost efficient and innovative.”

 “In addition, we were honored to welcome our regional COO, Roy Harding in Saudi Arabia, who presented us with the Chief, Operating Officer’s Special Recognition Award for (COO) for exceptional performance in 2009.”

The award is presented to one out of 130 countries in Eastern & Central Europe as well as Middle East & Africa Operations and marks another success for the Olayan Group, which is Xerox’s Joint Venture Partner in Saudi Xerox.  The ‘COO’ award regionally recognizes SXL for the company’s significant growth, balanced operational performance, strategic planning, people development and overall brand representation in the market to continually succeed and set standards of excellence for outsourcing, high end production printing systems, office colour and implementation of Lean Six Sigma

The first & second quarter of 2010, have been buoyant for Saudi Xerox, whereby they are experiencing considerable demand for color multifunction devices and document management services for various industry sectors in KSA and predict this to continue into the future.

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