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iomart Issues Positive Pre-close Trading Statement

1st April 2015 · Press Releases

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iomart Group PLC has today issued its pre-close trading statement for the year ending 31 March 2015 ahead of the announcement of its full year results.

The Group expects to show adjusted EBITDA of approximately £29.0 million (FY2014: £23.6 million) and adjusted profit before tax of approximately £16.6 million (FY2014: £14.6 million) both in line with consensus market expectations.

Angus MacSween, CEO of iomart, said: “iomart has delivered another solid year of growth. The long term opportunity remains very real and iomart is well positioned to take advantage of growth in the Cloud.”

Over the period, iomart has delivered solid organic growth combined with good performances from its acquired businesses, and the Board anticipates these dual drivers of growth continuing in future.

iomart continues to benefit from the growing adoption of cloud services by organisations that need a strong partner with the necessary infrastructure to provide the certainty, scalability and flexibility they are looking for.

For the full statement visit the investor news section of our website /pre-close-trading-statement/

iomart was recently named as one of the ‘1000 Companies to Inspire Britain’ by the London Stock Exchange.

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