IA Group sales grow 53% and add The Good Guys as new partner

Thursday 20 August 2009

IA Group sales grow 53% and add The Good Guys as new partner
The Board of IA (Australia) Group Limited (IA Group) are pleased to announce preliminary results for the year ending 30 June 2009, showing sales revenue growth of 53%. In addition, a new contract has recently been signed with The Good Guys, to provide installation services for all their stores across Australia.

Despite the economic climate, IA Group’s flagship subsidiary, Install Assist, which offers installation and assembly services to Bunnings stores across Australia, has achieved sales revenue growth of 53% for the year ending 30 June 2009, as compared to 30 June 2008. Noel Higgins, IA Group’s Managing Director said, “This is a great result given the global economic crisis and we look forward to continuing the work with Bunnings, to provide their customers with the best installation and assembly services.”

In another significant milestone for IA Group, contracts have been exchanged with Muir Electrical Company, owner of The Good Guys chain of stores, to provide installation services for all of The Good Guys stores across Australia. In an innovative service solution approach, a joint venture, TGG Services, has been established with The Good Guys to provide the installation service and shows the long-term commitment of both IA Group and The Good Guys to the installation service offering.

A trial of the new TGG Services installation service will start with air conditioning installations for four stores in Victoria by the end of August, with roll-out to the rest of Victoria and then other states to follow in preparation for this year’s air conditioning season. Mr Higgins said, “This is a significant step forward for IA Group and brings another major retail customer into the IA Group, leveraging the expertise and experience developed by the Company over the past 3 years.”