Final results reveal strong organic growth, 45% increase in hosting revenues, and profit of £11.2 M and payment of dividend.
Glasgow/Wednesday June 3rd 2009: Managed hosting and data centre services provider iomart Group plc has today reported a 45% per cent rise in hosting services revenues to £11.8M (£8.1M 2008) for the financial year 2008/09, and a post tax profit of £11.2M from total operations (£0.4M 2008)
Both of iomart’s main operating units contributed to the strong growth, with
Easyspace increasing its revenues 14% to £7.2M (£6.3M 2008), and the group’s Managed Hosting business, iomart Hosting, growing its revenues by 155% to £4.6M (£1.8M 2008).
The Group’s latest final annual results reveal:
• 45% increase in revenue £11.8M (£8.1M 2008)
• Post tax profit £11.2M (£0.4M 2008) from total operations
• Revenue growth in both...