A record 14 % growth:

3 Step IT crossed €600M turnover in 2017

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3 Step IT crossed €600M turnover in 2017

The leading European IT asset life cycle management company 3 Step IT reported record revenue in 2017. Its success was enabled by consistent development of a global service offering, continuous innovation work and investments in digital services.

In 2017 3 Step IT’s revenue increased 14% to 609 MEUR. Bottom line performance was also notable, with EBITDA growing 19%, to 28 MEUR.  Within that total, 3 Step IT’s remarketing performed exceptionally, with production up 29% to 425,000 devices.

 “This is another step on our path for growth. Our success comes from a continuously improving offering combined with a relentless customer focus. It’s customers’ search for a better way to acquire information technology that has fuelled demand for our services,” said Carmen Ene 3 Step IT’s Chief Executive Officer. “Sustainable IT replacement is more important than ever and we are proud of the fact that we resell over 98% of returned devices. The circular economy is at the heart of our business, and it’s been satisfying to see our work to make the circular economy a reality, recognised in many different arenas during the year”.

3 Step IT has operations in ten countries and manages the life cycle of over 1.9 million devices for around 4,000 active clients.

For more information contact:

Carmen Ene, CEO, +358 50 543 2222

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