Iomart flags decent results, warns of lower-than-expected renewals
11th Apr 2024 15:47
(Sharecast News) - Secure cloud service provider Iomart said in an update on Thursday that, despite a challenging economic environment, it expected to deliver a robust set of full-year results for the 12 months ended 31 March.
Read moreIomart flags solid trading, announces Accesspoint acquisition
5th Dec 2023 13:01
(Sharecast News) - Cloud computing specialist Iomart Group reported steady progress in its first half on Tuesday and announced the acquisition of Accesspoint Technologies.
Read moreIomart H1 revenues grow in 'period of continued momentum'
11th Oct 2023 10:18
(Sharecast News) - Cloud computing company Iomart said on Wednesday that H1 had been "a period of continued momentum" in the execution of its growth strategy, with both revenue and adjusted underlying earnings improving year-on-year.
Read moreIomart set to end year at 'lower end' of guidance
11th Oct 2022 15:42
(Sharecast News) - Cloud computing specialist Iomart said in an update on Tuesday that it performed "well"" through its first half.
Read moreIomart sees FY results in line with expectations
5th Apr 2022 08:42
(Sharecast News) - Cloud computing company Iomart said on Tuesday that its full-year results were set to be in line with market expectations, as renewals levels improved in the second half.
Read moreIomart agrees refinancing to fund working capital and investments
3rd Dec 2021 12:21
(Sharecast News) - Cloud computing company Iomart has agreed a refinancing, it announced on Friday, replacing its single bank revolving credit facility of £80m that was due to mature on 30 September 2022 with a new £100m revolving credit facility.
Read moreIomart warns on profits amid 'higher than usual' customer churn
1st Oct 2021 08:18
(Sharecast News) - Cloud computing company Iomart warned on Friday that interim revenue and profits had slipped in the six months ended 30 September as the "slightly higher than usual" customer churn seen in the final months of the previous trading year continuing into the first half of the current one.
Read moreIomart 'resilient' through pandemic as margin remains strong
15th Jun 2021 09:46
(Sharecast News) - Iomart reported "resilient" revenue through the Covid-19 pandemic in its final results on Tuesday, coming in at £111.9m, down marginally from the £112.6m it recorded in the 2020 financial year.
Read moreIomart FY results seen at lower end of expectations
7th Apr 2021 09:47
(Sharecast News) - Cloud computing company Iomart expects to deliver a "continued stable financial performance" in the second half of the year ended 31 March despite the UK's third Covid-19 lockdown weighing on its full-year performance.
Read moreIomart pours £2.0m into next-gen routing technology
17th Mar 2021 09:36
(Sharecast News) - Cloud computing company Iomart said on Wednesday that it had made plans to majorly expand its network capacity in order to see future demand.
Read moreIomart in 'good stead' following 'unprecedented' first half
1st Oct 2020 10:47
(Sharecast News) - Cloud computing company Iomart said on Thursday that it was in "good stead" following an "unprecedented" six month period.
Read moreIomart Group ends year well as it faces coronavirus unknowns
3rd Apr 2020 15:51
(Sharecast News) - Cloud computing company Iomart Group updated the market on its trading for the year ended 31 March, as well as the impact of the Covid-19 coronavirus pandemic on Friday, saying it expects to deliver another year of revenue growth, "strong" profitability and cash generation, in line with expectations.
Read moreIomart hikes dividend after 15% profit growth
27th Nov 2019 09:39
(Sharecast News) - Iomart boosted its interim payout on Wednesday, after it reported a double-digit increase in profit due to strong revenue growth.
Read moreIomart revenues on the rise following investments into commercial operations
1st Oct 2019 08:41
(Sharecast News) - Cloud computing firm Iomart witnessed overall revenue growth in line with expectations during the six months ended 30 September, giving the group good visibility heading into the second half of the year.
Read moreIomart reports "strong" finish to the year, management exudes confidence
1st Apr 2019 10:48
(Sharecast News) - Iomart Group on Monday reported higher annual profits and revenue as the benefits of its investment in sales and marketing kicked-in during the second half of its financial year.
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