Sophos makes PricewaterhouseCoopers Profit Track 100

April 28, 2002 Sophos Press Release

Profit Tech Track 100

Sophos has been named one of Britain's top 100 unquoted companies with the fastest growing profits in the third annual PricewaterhouseCoopers Profit Track 100 league table.

The accolade follows a year of achievements for the company. These include being named 'Company of the Year' at the CBI/Real Business Growing Business Awards and receiving two prestigious Queen's Awards for Enterprise in the categories of 'Innovation' and 'International Trade'.

Sophos was applauded for driving up profits by 37% a year from £3m in 1998 to £7.8m in 2001.

About the league table

The PricewaterhouseCoopers Profit Track 100 is independently compiled by research company Fast Track, and published in The Sunday Times. In addition to title sponsor PricewaterhouseCoopers, the survey is sponsored by Phoenix Equity Partners and Oracle.

League table criteria

Companies are ranked according to their annual growth rate in profits over the three years to their latest financial year (either 1997-2000 or 1998-2001). Profits are defined as operating profits with directors' remuneration added back in.

Companies had to be registered in the UK, unquoted and ultimate holding companies, not subsidiaries. Pure property developers and financial trading companies were excluded because of their irregular trading patterns.