ASG attributes bumper financials to outsourcing

ASG attributes bumper financials to outsourcing

Perth-based IT service provider, ASG Group, is forecasting a bumper first-half year result, predicting a 60 per cent increase in revenue to $26 million by the end of December.

Managing director and CEO, Geoff Lewis, attributed the increase to a combination of organic growth and acquisitions.

The company beefed up its national presence over the past year by scooping up Exceed System Integration for $10.2 million, as well as Oracle provider, Assist.

On the government front, ASG struck a $2.2 million contract with the federal Department of Finance and Administration (DOFA) in August to replace its existing email, file, print, management and directory services environment. It was also selected as a preferred supplier for the WA Office of Shared Services (OSS).

"We are taking all of its transactional systems - HR, finance, payroll - out of the individual agencies and into a shared services environment," Lewis said. The company would continue to work on a host of government projects and had further acquisition plans, he said.

"We are looking at companies in the infrastructure space," Lewis said. "Unlike our competitors, who are very product focused, we are 95 per cent services. We won't buy anything other than a service-centric firm because we don't want to dilute our story."

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