TXT Group
An international digital enabler specializing in engineering software solutions for high-tech markets, supporting customers throughout their product lifecycles.
| GBP | 2015 | 2016 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 3 % |
| EBITDA | 0000 | 0000 |
| % EBITDA margin | 5 % | 2 % |
| Profit | 0000 | 0000 |
| % profit margin | - | 5 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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TXT Group, a prominent player in the digital innovation market, has carved a niche by aggregating specialized digital boutiques and established enterprises. Founded by Enrico Magni, the company has its roots in Italy and has expanded its reach internationally, with subsidiaries in Germany, the UK, France, Switzerland, and the USA.
Enrico Magni, a seasoned entrepreneur, initially founded Laserline, a company focused on car alarms and electronic components. In 2003, he acquired Lutech, an IT services company, which laid the foundation for what would become TXT Group. This strategic move marked the beginning of TXT's journey in the digital landscape.
Over the years, TXT Group has grown by integrating various companies, enhancing its capabilities and market presence. A significant milestone in its history was the integration of Webgenesys, which strengthened TXT's offerings for the public sector and created a revenue backlog exceeding €200 million.
Today, TXT Group stands as a testament to strategic growth and innovation, competing against tech giants by offering unparalleled services in mission-critical systems. The company's journey reflects a commitment to preserving the integrity of capital and ensuring the safety of human lives through its digital solutions.
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