Profits soar at cloud computing firm Iomart
- Published
Cloud computing firm Iomart has reported an increase in full-year profits of more than 50% to 拢10.7m.
Revenues at the group for the 12 months to the end of March rose by 29% to 拢43.1m.
During the year, the Glasgow-based company made a number of acquisitions, totalling 拢9.5m.
Iomart's chief executive, Angus MacSween, said it had been "another excellent trading year" for the company.
He added: "Trading since the year-end remains encouraging and in line with our expectations.
"We continue to be well-placed to deliver an ever wider range of cloud services and with our growing credibility and strength we expect to be able to penetrate further into the corporate environment."
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