iomart Issues Positive Pre-close Trading Statement

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GLASGOW, SCOTLAND – April 01, 2015 — /BackupReview.info/ — 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: http://www.iomart.com/pre-close-trading-statement/

iomart was recently named as one of the ‘1,000 Companies to Inspire Britain’ by the London Stock Exchange.

About iomart
Award winning cloud company iomart Group PLC (AIM: IOM) enables businesses and organisations to operate their online data and IT environments safely and securely. Headquartered in Glasgow, Scotland, iomart partners with leading vendors such as VMware, Amazon, EMC, Microsoft, Asigra, Arbor Networks and Dell to offer customers a centrally managed, controlled and completely agnostic set of hybrid, private and public cloud platforms. By owning a global network and datacentre infrastructure, iomart can support any customer who wishes to move seamlessly between any and all of these platforms with a consultative level of knowledge and expertise, delivering cloud services to meet exact business needs.

iomart Group plc is one of the UK’s leading providers of mission-critical cloud and managed hosting services. iomart owns and manages datacentres at eight locations in the UK, has its own fast fibre network and offers a unique 100% uptime guarantee. It operates through a number of subsidiaries: iomart Hosting, Melbourne Server Hosting, RapidSwitch, Redstation, Backup Technology, Easyspace and iomartcloud.

For more information visit http://www.iomart.com

Tags: Business, cloud computing, Iomart

Contact
Jane Robertson
PR Manager
iomart Group plc
Tel: +44(0)141 931 6400
Dir: +44(0)141 931 6474
Email: jane.robertson@iomart.com
Twitter: @iomart
Website: www.iomart.com

Source: iomart Group

Tags: iomart