GLASGOW, Scotland, September 30, 2016 /PRNewswire/ --
Cloud Company Issues Positive Pre-close Trading Update
iomart (AIM:IOM), the cloud computing company that delivers any cloud your way, has issued a positive pre-close trading statement for the six months ending 30 September 2016, ahead of the announcement of its half yearly results.
The Board reported that the business 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 said it had seen strong demand for its cloud products and services, covering private, public and hybrid cloud solutions, as enterprises continued to move to the cloud. It had also continued to develop relationships with the major Public Cloud vendors to enhance its expertise in this area.
Angus MacSween, CEO of iomart Group plc, commented: "We are pleased to report another period of strong performance from iomart. The Group is well placed to sustain its competitive advantage within the hybrid cloud market and to maintain our reputation as the UK's leading cloud computing company. We continue to see a good stream of acquisition opportunities and look forward with confidence to the rest of the year."
iomart Group PLC (AIM: IOM) delivers cloud consultancy, facilitation and digital transformation to ISVs, SMEs, enterprises and the UK public sector. The award-winning and highly ISO accredited hosting company provides public, private and hybrid cloud solutions - including managed AWS and Microsoft Azure - from a network of secure UK data centres connected by a high capacity private fibre network.
iomart is a long term supplier to G-Cloud and its infrastructure and cloud and backup services are designed to meet the requirements of the UK public sector. They are certified for connection to the Public Services Network (PSN) and N3 NHS network and are CESG Pan Government Accredited.
To find out more about how iomart delivers any cloud your way visit www.iomart.com
SOURCE iomart Group Plc