Deloitte ranks Xero as fastest growing NZ exporter
Taking a business to the world from two islands in the Pacific Ocean can seem an enormous task and the road a long one. Now we have users in over 100 countries and tonight Xero was named fastest growing exporter in the Deloitte Fast 50 Index.
The annual index ranks New Zealand businesses according to their revenue growth over the past three years and sets the benchmark for high growth. As well as taking the export award, Xero was ranked 4th out of 50, on revenue growth of 873 percent. We’d also like to congratulate another Wellington company, online electricity retailer Powershop, which took the number one spot.
Together the 2011 group of Deloitte Fast 50 businesses grew the New Zealand economy by $594 million over the past three years and created 1502 jobs.
“These businesses have created dynamic cultural environments through the use of technology and communications tools which are not only meeting people’s needs around work-life balance, but also building workplaces which foster creativity and innovative thinking.”
Deloitte Partner Matt McKendry