Revenue in the bag for BCS

Last updated 11:21 07/07/2014

Relevant offers


Foxton Beach's 170-tonne boat launched in the water using air bags Finance diary Sky TV, internet users seek answers on criminal penalties for TV trickery Vesper Marine's cash drive for 'virtual beacons' technology Kiwi legal sector set to grow 5% Blue cod changes a 'satisfactory compromise' Auckland Airport executives land million dollar interest free loan No more guilt with pleasure as Hell pizza goes free range House sales, looming inflation spur Kiwi spend-up on their homes Organic Initiative on mission for hygiene revolution

Auckland baggage-handling technology firm BCS says its annual revenues have jumped by about $60 million to reach $140m.

Chief executive Patrick Teo said the privately-owned firm was finalising the numbers.

BCS now employs 400 staff, up from 330 in October last year. The company has just completed its largest-ever contract, a $40m project at Malaysia's Kuala Lumpur International Airport, and Teo said many of its wins now exceeded $25m in value.

Marketing manager Marc Michel said last year that business was booming in Asia because of the rise of low-cost airlines, a growing middle class and a string of ferry disasters that had encouraged more people to travel by air.

Teo said BCS had won an "internationally-contested bid" to build a parcel sorting system at a A$170 million facility that Toll Group has been constructing in Sydney.  

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content