Language services provider Translation People on course for a record year
Language services provider Translation People is on course for a record year as the company celebrates its 10th anniversary.
The Cheadle Hulme-based firm is expected to achieve revenues of £5m for 2017, up from £4.5m in 2016.
Sales in Germany have increased by 60 per cent, while Spain, the United States and Italy have also performed strongly, with revenues up by 37 per cent, 34 per cent and 27 per cent respectively.
Other fast-growing markets include Sweden, Canada and Luxembourg.
The company has won new clients in industries such as oil and gas, automotive, precision engineering, medical and food testing.
It has also seen strong growth among existing clients in sectors including logistics, energy and environmental consultancy and manufacturing.
Another factor driving its success this year has been a surge in demand for translating apps created by companies for their customers in other countries.
Managing director Steve Wilde said: “Clients need slick and streamlined processes to translate this content, and our technical expertise has led to a big increase in this type of project for our business during 2017.”
An international presence
The Translation People, which also has offices in London, Birmingham, Glasgow, Paris, Bonn and Boston in the US, has created four new roles this year, taking its workforce to 38.
Wilde established the business with David Nichols in 2007 and since then The Translation People has worked with nearly 6,000 clients in over 60 countries and has managed more than 50,000 projects.
This year, the company has added new translation combinations, including Finnish into Estonian and Portuguese into Polish, and has seen big growth in demand for translating English into Canadian French, Greek, Icelandic, Indonesian, Japanese and Vietnamese, reflecting increasing globalisation and a widening customer base.
Projects have also been completed in rarer languages such as Tetum, Galician and Southern Sesotho, which are spoken in Timor, Spain and South Africa respectively.
Wilde said the company has expanded its market share in the US, where it has seen revenues of more than £500,000.
In German-speaking countries, sales have risen to almost £1m.
The company will next year open a second German office to reflect the growth in its business.
Wilde added: “We are delighted with our performance during this milestone year.
“Along with a record number of new clients, we have continued to meet the needs of our long-term customers around the world across a range of sectors.
“We are continuing to focus on organic expansion and winning new business from our key sectors, and we look forward with confidence to our next 10 years.”