An Edinburgh-based translation firm has announced a new CEO and a milestone of £1m profits for the first time.
Lingo24 has a major shake-up to its senior leadership team which will see the company’s former global MD by Andrew Campbell, promoted to CEO.
Lingo24, which says it helps companies to accelerate international growth, also stressed that its customer base is “truly global”,
The company’s international clients, of which a fifth are based in the UK and more than 40 per cent from the US, include Virgin, WPP Group, Edrington and Groupon, alongside growing tech firms such as what3words.
The news comes as it sees its core earnings reach the £1m milestone for the first time, with revenue exceeded £10.7m, up by 21 per cent.
Founder and president Christian Arno founded Lingo24 in Aberdeen in 2001, and the company has since grown to more than 170 staff globally.
He will remain the majority shareholder in the business, holding just over half of the shares.
“Paul and I are delighted Andrew has agreed to become our CEO at such an exciting time for the business,” said Arno.
“Andrew has been running the business day-to-day for over six years now, and so this promotion will not change internal management significantly.”
“Andrew has been running the business day-to-day for over six years now, and so this promotion will not change internal management significantly.
“But from an external perspective, it makes clear who is our executive leader and broadens Andrew’s remit. We are confident that Lingo24 will go from strength to strength under Andrew’s leadership.”