15-02-11 Zonal invests in the future following record year

Zonal Retail Data Systems Ltd, the UK’s leading supplier of EPoS solutions to over 300 hospitality companies including full coverage in more than half of the top 30 managed house pub estates, has reported a record set of financial results for the year to July 2010.

Turnover increased 40% to £19.5 million; generating an Operating Profit of £2.86 million - additionally the company has no borrowings, a strong balance sheet and positive cash flow.

Building on this resilient performance, Zonal has continued to invest in product development including the powerful Aztec Management System that is now becoming the standard in the UK hospitality industry.

To further enhance the product offering and maximise the benefit of the powerful Aztec stock and purchasing applications, Zonal acquired Freshnet, one of the market leading online ordering and purchase-to-pay providers in the UK in July 2010.

This new unified product set encompassing Aztec and Freshnet is proving to be a powerful tool for Zonal’s Restaurant, QSR and Pub customer base, and Zonal intends to pursue their strategic plan extending their hospitality footprint, particularly the restaurant sector, with further acqusitions and key appointments of experienced sales professionals in this industry.

Commenting on the record year, Stuart McLean, Managing Director said "Our long term policy of investing in our people and products along with maintaining investment in all areas of our business was fundemental in making this year so successful."

"We have continued to strengthen our team with key additions in customer service, operations and sales, and we believe that we have a sector leading team to compete at the highest level."