Tuesday October 20, 2020

Profits in sight for Vision despite turnover drop

Turnover at Vision, the IT consulting group, fell by 24 per cent last year, but the company managed a small increase in profitability. The company, which is led by chief executive Billy Glennon, r

27th November, 2011
Billy Glennon, chief executive, Vision. Photo: Tony O'Shea

Turnover at Vision, the IT consulting group, fell by 24 per cent last year, but the company managed a small increase in profitability.

The company, which is led by chief executive Billy Glennon, reported that its revenues in the year ending December 31, 2010 were €6.6 million. This was down from turnover of €8.7 million in 2009.

Vision managed to keep its costs in line with falling revenues and finished the year with a net profit of €206,000, which...

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