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Trading statements

iomart on track to deliver material growth

29 September 2017 09:39

iomart Group said trading in the six months ending 30 Sep was in line with management forecasts and the business remained firmly on track to deliver another year of material growth.

The group said it had seen strong demand as enterprises continued to move their services into the cloud.

It said: 'With our wide range of cloud products, services and consultancy offerings covering private, public and hybrid cloud solutions, iomart is ideally placed to advise these enterprises on the best solution to fit their needs and then to implement the chosen solution.'

Chief executive Angus MacSween said: 'The group has performed strongly in the period as we consolidate our competitive advantage within the hybrid cloud market.

'There is growing demand from enterprises moving their services into the cloud and our reputation as the UK's leading cloud computing company means we are ideally placed to service this demand.'

At 9:39am: (LON:IOM) Iomart Group PLC share price was +11.13p at 327.38p

Story provided by StockMarketWire.com

Related Company: IOM

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