Global expansion, new products and recovering government spending are to thank for communications specialist Sepura' s (SEPU) recent gains. Strong sales of its digital mobile radios, together with rising interest in its newer offerings, helped adjusted operating profits rise nearly a fifth to €12.5m (£10m).
Sepura has revamped its strategy in recent years, buying infrastructure supplier 3T Communications in 2012 and app-developer Portalify last July. Its goal is to be a 'one-stop shop' for both companies and governments, which increasingly want radios with both voice and data functions, says chief executive Gordon Watling. Moreover, building its own radio networks gives Sepura greater autonomy and "wallet-share", he says, and should drive recurring revenues as clients hang on to infrastructure longer than handsets.