By Bernie Cahiles-Magkilat
U-Bix Corporation, the country’s largest provder in one-stop solutions to office and printing needs, expects a higher 11-15 percent growth in revenues this year from last year’s P1.2 billion.
U-Bix Chief Finance Officer Leah S. Barcas said at the celebration of its 45th anniversary that the company yesterday that its revenues grew to P1.2 billion in 2018 versus the 2017 performance.
May Ann Bravo-Civil, director of the U-Bix Corp., said that sales of copier machines account for 80 percent and services contribute 20 percent of Ubix total revenues.
“Our sales performance has been positive and our production printers doubled from previous year. This showed our products and services are still relevant,” said Bravo-Civil, daughter of Ubix owner and chairman Atty. Edilberto “Bert” B. Bravo.
Bravo-Civil explained that growth drivers are continuing in its products and services boosted by improvement in the domestic economy.
In contrast to the notion that there will be decline in the printing business as the world goes digital, Bravo-Civil explained that digital technology is driving the company’s business.
U-bix offers an array of multi-function copiers that could produce volume copies in minutes such as flyers, posters and marketing paraphernalias.
Barcas noted there has been a spike in sales during election period, but stressed the upcoming elections cannot be a growth driver this year because of limitations on election spending of candidates as mandated by the Commission on Elections.
Its high-tech machines have automatic color management, high resolution, and are Wi-Fi-operated, among other features.
U-bix also operates a 24/7 service to clients. Its service innovation enables the company to conduct remote diagnostics, transmitting the status in a more proactive way being able to send signals remotely.
While the company is aggressively expanding its reach in the provinces, Metro Manila still remains its core revenue contributor.
“Business owners are focused in producing high quality output and machines so they make sure they buy machines that are backed up by service,” she said.
Over the years, U-bix has diversified into other sectors including its subsidiaries in facilities management services, digitization and document management services, hotel and resorts, manpower deployment both here and abroad, training and education, publication, high-end office furniture, golf and sport, coffee business essentials as well as construction and property development ventures.
Since its establishment in 1974 by Atty. Bravo and his good friend the late Enrique “Ike” Belo,the company’s growth has been sustained by its three pillars of leadership, innovation and diversification.
“Leadership, innovation and diversification have been and will always be the foundation of our company,” said Atty. Bravo.
“For sure we will continue to anchor our operations on those three pillars for the next 45 years.”