Innovative Technology Ltd. (ITL) has been identified as one of London Stock Exchange’s 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.
ITL designs and manufactures cash handling solutions for the Gaming, Amusement, Vending, Retail and Kiosk markets. Products range from banknote validators to ticket dispensing machines for use in a variety of applications.
Innovative Technology Ltd. managing director, Aidan Towey said “We have made a sizable investment into R&D department, ensuring that we are at the forefront of all technological advances – innovation is at the heart of what we do.”
Xavier Rolet, Chief Executive, London Stock Exchange Group said: “High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance. That’s why today’s event is so important: demonstrating the strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies to support these inspiring businesses.”