Medius shows strong first half year with 27 % growth

Stockholm, August 21st 2014 Medius continues to grow and can now summarize the first half of 2014 with a growth of over 27 % compared to the same period last year. Sales are up in all segments for both existing and new customers.

20 Aug 2014

“There are several reasons for the growth and the increase in sales, but the single most important reason is without a doubt that the market has embraced the newest version of MediusFlow, MediusFlow XI. Through the acquisition of Ascendo we have also made our offering towards small and medium sized companies stronger and clearer. A third contributing factor is the deals Medius Dynamics have made within retail, proving that we really are the leading Microsoft ERP delivery partner in the segment”, says Mikael Lindblom, Medius CEO.

Some of the new customers are Quaker Chemical Corporation, MOM’s Organic Market, DTS, Dejana and Proterra in the US, Topro, Univern and Scanship in Norway, Dedicare, NTM, Granngården and Älvsbyhus in Sweden.

MediusFlow XI was launched in spring 2013. During spring 2014, modules for contract management and procurement have been added to the product family.

“With MediusFlow XI, we have a really strong offering. Especially we see huge interest in our cloud based solutions and mobile apps. Several Shared Service Centers, handling large amounts of invoices for several different companies in different countries, have chosen MediusFlow. They have the highest possible demands on efficient processes and control, and therefore it makes us especially happy to be their invoice solution of choice. It also motivates us to keep developing our solutions to become even better”, says Pontus Björnsson, EVP at Medius.

“In the beginning of the year, we made a few changes to focus even more on our core business and our primary markets. We have already seen positive effects from this, and the changes will further strengthen our competitiveness and increase customer value in the second half of the year”, Mikael Lindblom, CEO at Medius, rounds up.

For more information, please contact:
Mikael Lindblom, CEO Medius, +46 733 50 74 59,
Pontus Björnsson, EVP Medius, +46 701 81 42 04,
Fredrik André, Global Marketing Director, +46 709 23 92 81,