For the second year in a row MVF has been ranked in the Sunday Times HSBC International Track 200 league table, moving up four places to number 119, it was revealed yesterday. The list is measured over the company's latest two years of accounts, to provide a ranking of Britain's mid-market private companies with the fastest-growing international sales.
In order to be considered for the league table companies are required to have total sales of at least £25m and international sales of at least £1m in the last year. The 8th annual Sunday Times HSBC International Track 200 league table featured companies such as Osprey, beauty product retailer Space.NK, cinema operator Vue International, and aircraft and spares services company AerFin.
MVF’s technology helps businesses in 120 countries generate more customers, and continues to expand its reach. Over the past two years MVF has had an average international sales growth of 35.72%. This year-on-year growth meant MVF secured a strong position on the prestigious list.
Lindsay Uppadine, Senior Research Manager at Fast Track, who compiled the ranking, said “Imagination is helping Britain’s most outward- looking companies sell their talents worldwide.”