Investor News
Major company announcements and financial updates
iomart pre-close trading statement for the year ending 31 March 2016
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iomart Group plc Acquisition of United Communications Limited
iomart Group plc (“iomart” or the “Group”) Acquisition of United Communications Limited iomart, the cloud computing company, is pleased to announce that it has acquired the entire issued share capital of United Communications Limited (which trades as “United Hosting”) (on a cash-free/debt-free normalised working capital basis) for a total… Read More
iomart Group PLC Pre-Close Trading Update
Pre-close Trading Update iomart Group plc (AIM:IOM), the cloud computing company, is pleased to provide its pre-close trading statement for the six months ending 30 September 2015 ahead of the announcement of its half yearly results. Group trading performance The Board is pleased to report that the business… Read More
iomart announces £60m funding package from Bank of Scotland
iomart Group Plc (AIM: IOM), one of Europe’s leading providers of cloud computing and managed hosting services, has announced a substantial additional funding package from Bank of Scotland for further strategic acquisitions. The bank has provided the company with a total facility of £60milllion. iomart, which operates through a… Read More
iomart Group plc Final Results for the Year ended 31 March 2015
iomart (AIM:IOM), the cloud computing company, is pleased to report its consolidated final results for the year ended 31 March 2015. FINANCIAL HIGHLIGHTS • Revenue growth of 18% to £65.8m (2014: £55.6m) • Adjusted EBITDA1 growth of 23% to £29.1m (2014: £23.6m) • Adjusted profit before tax growth2 of… Read More
Acquisition of SystemsUp Limited (“SystemsUp”)
iomart, the cloud computing company, is pleased to announce that it has acquired the entire issued share capital of SystemsUp on a cash-free/debt-free basis with normalised working capital. £9.0m has been paid in cash as an initial consideration and an interim payment of £0.5m in respect of the cash-free,… Read More
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