Congratulations to Calian on a stellar year!
Stratford client, Calian Group is ending 2021 with a bang, having surpassed several major milestones, including exceeding the half billion annual revenue mark. This achievement caps off 20 consecutive years of profitability and marks a 20% year-over-year revenue growth for the Ottawa-based company.
Of the company's success, CEO Kevin Ford says, "Our success can be attributed to our employees, who execute our four-pillar growth framework—continuous improvement, customer retention, customer diversification and innovation.”
In addition to the milestones mentioned above, 2021 also marked the following achievements for Calian:
- Gross margins of 26% in the fourth quarter, a new record
- 58% increase in net profit over FY20
- Highest annual gross margin performance in company history (24%)
Congratulations again Calian, we know a tremendous amount of work has gone into getting to this point and we are thrilled for your success.
Read Calian's press release here.
About Calian
Calian employs over 4500 people in its delivery of solutions for public and private sector customers in defence, communications, government, nuclear and space. Operating in North American and global markets, the Company offers diverse capabilities and expertise in health, training, technology, engineering, emergency management and cyber security. Calian has a presence across Canada and in Europe with manufacturing facility in Saskatoon and its headquarters in Ottawa, Canada.
Stratford has worked with Calian Group Ltd. for several years in the areas of Business Operations and IP Strategy, and we value our continued business relationship.