Aarhus, November 29, 2021 – Stibo Group’s first half of the financial year (May until October 2021) was marked by a successful performance, finishing stronger than the same period last year.
“We are proud of our results at half-year,” said Sten Dyrmose, CEO of Stibo Group. “The market we are in is dynamic – the past six months saw uncertainties as the effects of the pandemic slowed in some parts of the world and made comebacks in others. Our numbers reflect Stibo Group’s ability to meet these challenges head on.”
Stibo Complete, Scandinavia’s leader in developing, producing and distributing physical and digital marketing materials, has seen a stronger first financial half than that of last year. This success comes through a strong market focus and despite the Covid-driven supply chain challenges affecting the availability of paper.
As a leading technology partner for media and brand publishers, including some of the world’s biggest media companies, Stibo DX exceeded expectations and performed better than market development.
Stibo Systems, a global leader in master data management (MDM) solutions, is ahead of where the company was at this time last year. To continue delivering on the company’s growth strategy and strengthen the customer and market focus, Stibo Systems has appointed Adrian Carr as Chief Executive Officer.
“We are thrilled to have Adrian join Stibo Systems,” said Sten Dyrmose. “He brings with him extensive international sales experience and a talent for developing highly effective teams. We’re confident he will be a force in driving the company forward.”
Mr. Carr has 35 years of data management experience, most recently at MarkLogic, where he held a key role in shaping the company’s go-to-market strategy. He is based in the UK and will start in his new position December 1, 2021.
“The opportunities we have in front of us are extremely promising,” said Adrian Carr, who is enthusiastic about the opportunity to build out Stibo System’s growing presence globally and in particular in the United States, where he was based for a number of years. “I couldn’t be more excited to be coming on board at such a key time for our next phase of growth across the world.”
About Stibo Group
Stibo Group is organized into three business units:
Stibo Systems delivers software solutions that help many of the world’s largest companies to convert high data quality into business benefits through master data management (MDM);
Stibo Complete is Scandinavia’s leading provider in the areas of developing, producing and distributing physical and digital marketing materials.
Stibo DX delivers software solutions to media and brand publishers all over the world.
More than 1,500 employees across five continents are all working towards one common goal: to provide excellence in technology and create value for Stibo Group’s customers.
