Peak Ace remains a FOCUS Wachstumschampion for the 4th year in a row
You could be forgiven for believing this news to be a little predictable. However, we are nothing short of delighted to be awarded the title of FOCUS Wachstumschampion (trans. “Growth Champion”) for our 4th consecutive year. It’s a great honour and privilege for us to be counted amongst the 500 fastest growing companies in Germany, following on from our successes in 2016, 2017 and 2018.
What are the Wachstumschampion 2019 criteria?
Since 2014, the news magazine, FOCUS, in collaboration with the German online portal, Statista, have been identifying Germany’s 500 fastest-growing companies and presenting their rankings in their FOCUS-BUSINESS publication. Companies either apply to be considered for ranking directly, or they are contacted by Statista. In both cases, the company must fill out an extensive cross-sector survey so that FOCUS and Statista can ascertain which are Germany’s fastest growing companies.
The decisive factor for ranking depends on the growth of sales between 2014 and 2017. This is calculated based on net sales as reflected in the annual report, i.e. adjusted for returns, excluding sales tax and counting revenue streams only generated from business activity (thus excluding any extraneous operating income).
A further look at the exact ranking criteria:
- In 2014, the company generated a turnover of at least €100,000
- By 2017, the company generated a turnover of at least €1.8 million
- The company must be independent (i.e. it must not be a subsidiary or a branch)
- The headquarters must be based in Germany
- Growth must be predominantly organic
Peak Ace met all of the criteria, once again qualifying for a place on the “Advertising, Marketing and Media” category longlist.
Bastian Grimm, our Director of Organic Search, had this to say about our 4th Waschstumschampion accolade:
“Being named a 2019 Waschstumchampion is, once again, a great source of joy for us! It is a wonderful reward for all the hard work our Peak Acers have put in over the past 12 months, as well as a wonderful confirmation for our clients that they have chosen to work with an industry leader.
After steadily growing our employee base and attracting more and more clients, we will continue to break new ground, for example through our Marketing Technology Team, who are able to make our customers marketing methods even more efficient with intelligent data analysis. A huge thank-you goes out to our dedicated team and our clients for this success.”
More information on the complete ranking of all companies can be found in the FOCUS special edition from 16th October.