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CEO Confident For Future in iomart Pre-close Trading Update
Demand for Management of Move to Hybrid Cloud Services Remains Strong
GLASGOW, UK – 30 Sept 2015 — /BackupReview.info/ — Cloud company iomart (AIM:IOM) has issued a positive pre-close trading statement for the six months ending 30 September 2015 ahead of the announcement of its half yearly results.
In its statement to the London Stock Exchange, iomart reported that business had continued to perform strongly in the first half of the financial year with both revenue and profits expected to be materially ahead of the comparative period last year. iomart also stated that it hoped to make further strategic acquisitions, having bought public cloud consultancy SystemsUp in June.
iomart said that as enterprise increasingly looked to a hybrid approach to the cloud, there was a clear market role for companies like it to help manage the complex transformation to the cloud.
Angus MacSween, CEO of iomart, said: “We are very pleased with the way the business has performed in the period and the Board is highly confident in the future. The Group is well positioned to sustain its competitive advantage within the hybrid cloud market with its strong customer base and growing expertise in private cloud. With an outstanding track record and an established reputation as the UK’s leading cloud computing company, we believe the prospects for iomart continue to be excellent.”
iomart offers businesses and organisations across the private and public sector with centrally managed, controlled and completely agnostic hybrid, private and public cloud platforms. It owns and operates data centres at eight locations across the United Kingdom and six international Points of Presence and has over 380 employees.
To read the full statement click here
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