Interim results from ECSC Group, the UK’s longest running full service cyber security provider, demonstrated further growth in the higher margin Managed Services division but a decline in Consulting. As a result, whilst revenue was flat at £2.6m, gross profit increased 18% to £1.4m and adj. EBITDA loss reduced £0.3m to £0.2m. The outlook is more positive. Management reports a return to growth in Consulting in H2 with the division benefiting from its new partner p
11 Sep 2019
Managed Services boosts margin; positive start to H2
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Managed Services boosts margin; positive start to H2
- Published:
11 Sep 2019 -
Author:
David Johnson -
Pages:
2
Interim results from ECSC Group, the UK’s longest running full service cyber security provider, demonstrated further growth in the higher margin Managed Services division but a decline in Consulting. As a result, whilst revenue was flat at £2.6m, gross profit increased 18% to £1.4m and adj. EBITDA loss reduced £0.3m to £0.2m. The outlook is more positive. Management reports a return to growth in Consulting in H2 with the division benefiting from its new partner p