Distech Controls Ranks No. 273 on the 2015 PROFIT 500
Named one of Canada’s Fastest-Growing Companies for second consecutive year
September 21, 2015. By Moulin
Distech Controls has announced that the company has been placed 273rd in the 27th annual PROFIT 500 ranking of Canada’s Fastest-Growing Companies by Canadian Business and PROFIT. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country’s most successful growth companies.
The PROFIT 500 is a widely recognized and distinguished classification system that compares Canadian companies regionally, nationally and by industry. With an increase in revenues of 213 percent from 2009 to 2014, Distech Controls is proud to be featured amongst Canada’s fastest-growing companies for the second consecutive year, jumping from 279th place to 273rd.
Over these past five years, Distech Controls' remarkable sales growth was achieved by remaining at the forefront of innovation with its building automation and energy efficiency solutions. The company’s strategic acquisitions, key investments, and international expansion have further amplified this growth, securing the company’s ranking in the latest edition of PROFIT 500.
“The PROFIT 500 represent the highest tier of entrepreneurialism in Canada,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “They should be lauded for the positive economic contributions they’ve made to their communities — and the entire country. They are examples of what can be accomplished with innovation, discipline and determination."
“We are very proud to be included, for a second consecutive year, in this prestigious list which celebrates the successes of companies across all industries and regions in Canada. Our ascent in the ranking is a direct reflection of our passion for innovation, quality and customer satisfaction,” said Jean-Lou Paquet, Chief Financial Officer of Distech Controls. “We look forward to continuing this growth in the future with our outstanding network of Partners and employees,” added Paquet.
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