Nasstar revenue growth boosts company's full-year EBITDA
29th Apr 2019 08:10
(Sharecast News) - Managed IT outfit Nasstar saw revenues move ahead in its last trading year, leading to higher EBITDA.
Read moreNasstar's revenues beat expectations, wins top law firm contract
1st Feb 2019 08:29
(Sharecast News) - Nasstar crept higher after reporting that full-year revenue will come in "slightly ahead" of management expectations while EBITDA will fall in line after the year ended with positive trading.
Read moreLosses narrow as revenue improves at Nasstar
24th Sep 2018 11:22
(Sharecast News) - Hosted managed and cloud computing services provider Nasstar announced its unaudited interim results for the six months ended 30 June on Monday, with revenue up 6% year-on-year to £12.5m.
Read moreNasstar in line with expectations amid engineering investment
30th Jul 2018 08:02
(Sharecast News) - Cloud computing services provider Nasstar on Monday said it remains "confident" that full-year results will fall in line with previous expectations.
Read moreNasstar's H1 revenue rises in line with expectations
26th Sep 2016 10:15
(ShareCast News) - Nasstar, a provider of hosted managed and cloud computing services, reported a rise in half year revenue as the company was trading in line with management expectations. For the six months ended 30 June, revenue grew 22% £8.08m, compared to the same period last year, which resulte
Read moreNasstar completes acquisition of Modrus
2nd Sep 2016 10:17
(ShareCast News) - Hosted managed and cloud computing services provider Nasstar announced on Friday that following admission to trading to AIM of 17,333,334 consideration shares during the morning, the acquisition agreement has now become unconditional in all respects. The AIM-traded company had ann
Read moreCMA to probe cloud storage, price comparison sites and local councils
30th Nov 2015 11:51
(ShareCast News) - Probes into the cloud storage industry, price comparison websites and local government authorities will all be launched by the UK competition watchdog in coming few months, with the support of Chancellor George Osborne. An investigation has already begun into cloud storage, the Co
Read moreNasstar buys VESK Group for GBP7.8m
5th Oct 2015 10:55
(ShareCast News) - Nasstar, a provider of hosted managed and cloud computing services, announced the acquisition of the business and assets of VESK Group for £7.81m in cash and shares. The £6.38m cash consideration will be funded funded from the company's existing bank and new facilities put in plac
Read moreNasstar takes nasty tumble after losing large clients
21st Jul 2015 09:44
(ShareCast News) - Shares in Nasstar took an early tumble on Tuesday after the Microsoft reseller and cloud computing services company warned that it had lost two of its largest customers. Despite promising cost and cash control to help reduce the impact of these losses, management said full-year re
Read moreNasstar annual profits and revenue jumps after company meets targets
7th Apr 2015 09:56
Cloud computing group Nasstar said its annual profits and revenue grew in 2014, as the company met its target of becoming a "commercially focused, profitable and sustainable business". The London-listed company said pre-tax profit for the year to 31 December jumped from £1m to £7.7m, while revenue s
Read moreSweett Group directors cheers full-year outlook
16th Apr 2014 15:59
A number of Sweett Group board members on Tuesday added to their company holdings following an upbeat trading update from the property and infrastructure consultancy. Non-Executive Chairman Michael Henderson acquired 25,000 shares for a total spend of £10,125, while the wife of Chief Executive Off
Read moreAdvanced Computer Software Chairman sells 1m shares
4th Feb 2014 16:15
Michael Jackson, the Chairman of Advanced Computer Software Group, this week reduced his stake in the company with the sale of one million shares. The company, which provides healthcare and business management software and services, said in a statement that the shares were traded in across three tr
Read moreNasstar raises 10.5m pounds to fund Denara takeover
17th Dec 2013 10:28
Cloud computing group Nasstar unveiled a 10.5m-pound share placing to fund an acquisition as it unveiled wider half-year losses. Nasstar said it was paying £13m for Denara Holdings, which owns hosted desktop and managed services provider e-know.net. It said it had raised £10.5m to fund the cash pa
Read moreNasstar distributor awarded contract with three new customers
29th May 2013 11:20
AIM-listed Nasstar, the hosted desktop cloud computing provider, has reported that one of its distributors has won contracts with three new customers for 100 new hosted desktop subscribers in the past two weeks. The company said that the distributor was one of the largest providers in Europe of ho
Read moreWhitbread Managing Director trades in shares after vesting under scheme
3rd May 2013 16:11
Whitbread's Managing Director, Patrick Dempsey, has sold 12,341 shares in the company after 26,210 shares vested under an incentive scheme. The shares were sold for 2,616.05p each for a total of £322,847. The transaction was made in the same week Whitbread recorded a double digit increase in ann
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