Redington outlines SSG growth roadmap at investor meet

Analyst Day Multiyear TargetsMgmt Guided Margin ImprovementInvestor Communications View source PDF

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AI summary

Redington held an investor presentation on SSG (Software, Services, Security), now 17% of revenue. FY25 net revenue $1.7B (+29% YoY), FY26 projected $2.2B, path to $5B gross revenue by FY29. SSG posted 23% CAGR over 3 years, targeting 28% next 3 years. Cloud grew 40% YoY. Recurring revenue at 74%, renewal rate 85%. Signed 5-year AWS partnership deal, largest in APJ. Targets GM 5.5-6%, PAT 1.8-2%. Investing $10M in SSG by FY27.

Likely market impact

Investor day signals multi-year growth roadmap with focus on recurring revenue, platform services, and major AWS partnership expansion.