Presto Music reports its strongest financial growth of all time
Lucy Thraves
Wednesday, July 21, 2021
The company's overall business growth was 18% during the 2020-21 financial year
Presto Music, which sells classical music and jazz recordings, sheet music, music books and musical instruments, has reported an overall business growth of 18% during the 2020-2021 financial year, which makes it Presto’s most successful to date.
The growth can be attributed, the company says, to 'sustained customer demand for classical and jazz music throughout the lockdown period'.
Over the course of the last financial year, the number of active customers was 102,087, exceeding 100,000 for the first time in Presto’s history.
Chris O’Reilly, CEO of Presto Music, says: 'The results have been extremely rewarding for our team. While we appreciate that the unusual circumstances we’ve all experienced this past year have certainly played a part in our success, our commitment to exceptional customer service and fast delivery has also been instrumental, combined with the countless hours invested in delivering carefully curated content for our dedicated and loyal customer base.'
The news follows the recent launch of the company’s app and new features for its website.
Read more: Presto Music launches new streaming app