FY15 results marginally better than forecasts (that were upgraded at the interim stage) and April’s pre-close statement. Management has delivered its twelfth consecutive year of increased underlying EBITDA (+13.5% to £4.6m (NCPe: £4.5m)) and FY15 margins have hit another high (+140bps to 20.8%). The acquisition of Centrix, post period end, has increased its proportion of larger customers, expanded its Public Sector presence and reduced its reliance on calls and line rental.
07 Jul 2015
Finals: Another strong set of results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Finals: Another strong set of results
- Published:
07 Jul 2015 -
Author:
David Johnson -
Pages:
12
FY15 results marginally better than forecasts (that were upgraded at the interim stage) and April’s pre-close statement. Management has delivered its twelfth consecutive year of increased underlying EBITDA (+13.5% to £4.6m (NCPe: £4.5m)) and FY15 margins have hit another high (+140bps to 20.8%). The acquisition of Centrix, post period end, has increased its proportion of larger customers, expanded its Public Sector presence and reduced its reliance on calls and line rental.