KDS Delivers Results In Line With Its Projections

Published on : Wednesday, June 8, 2016

KDSKDS, a global provider of business travel and SaaS expense report management solutions, announces positive results for FY2015-16 in line with its commitments, with a double-digit accounting rate of return. These results confirm the profitability of its business model and the relevance of its solutions. KDS, which aims to become a leading international player will make many announcements at its annual event, KDS Now!

Many new clients including Absolut, Jungheinrich, Fujitsu, CGG, Engie, Sky News and Stx are confident in the company’s ability to meet their challenges and objectives and have chosen to rely on KDS to automate and optimize their online business travel and expense.

KDS has also developed its ecosystem through new partnerships with leading players in the corporate travel sector such as BCD, Fox World Travel and World Travel. These successes have reinforced its leading position in the European market and its role as a major player in North America.

The 2015 financial year (ending in March 2016) was particularly noteworthy for KDS which generated a historic 48% increase in transactions on its Neo solution. In a rather flat market, KDS is growing at a double-digit rate.
To reinforce its international ambitions and continue its development, KDS launched a major recruitment drive and increased its workforce by 15% in France, the US and the UK. This has resulted in the company moving from its historic Paris headquarters in Le Plessis-Robinson into new premises in Issy-les-Moulineaux. The company has also strengthened its management team in order to forge new partnerships with independent software vendors (ISVs).

“With 20 years of experience, KDS continues to grow strongly by acquiring the human and technological resources to maintain the confidence of its customers, win new business and convince the market of the relevance of its products and services. 2015 was an exceptional year and we look forward to unveiling our product innovations at the 6th KDS Now! to be held on 11th October 2016 in Paris,” says Dean Forbes, CEO of KDS.


Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 03 itb-asia 2017
  • 04 Imex America 2017
  • 10 Globalwellnesssummit 2017
  • 10 thehotelshow 2017
  • 11 AHIF 2017
  • 11 hospitalityaward 2017
  • 12 hotelfair 2017
  • 12 theleisureshow 17
  • 12 TTF17
  • 13 Frontiers Forum 2017
  • 14 bltm 2017
  • 14 patatravelmart 2017
  • 14 Seatrade-Europe 2017
  • 15 amsummit-ind 2017
  • 15 leisure 17
  • 16 Aviation Festival 2017
  • 16 OTDYKH 2017
  • 16 SKAL 17
  • 17 thincindonesia 2017
  • 17 worldmiceday 2017
  • 18 worldmiceday 2017
  • 19 IITM
  • 19 itehcmc 2017
  • 19 TTG Incontri 2017
  • 20 hmasummit  2017
  • 21 hoteltechhk 17
  • 43 PATA


Get our toolbar!
Review www.travelandtourworld.com on alexa.com