Gamma has reported strong interim results with near 10% revenue growth and adjusted EBITDA at half our annual estimate for FY 2017E – the latter reflecting good profitability in both the Direct business and the growth products in the Indirect business. Adjusted EPS increased by 15% and the Group has declared a 12% interim dividend increase. Superior performance from Cloud PBX and SIP Trunking continues and growth in data products was also c.20%. The direct business reported a pleasing n
05 Sep 2017
Growth products living up to their name
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Growth products living up to their name
Gamma Communications PLC (GAMA:LON) | 1,320 52.8 0.3% | Mkt Cap: 1,283m
- Published:
05 Sep 2017 -
Author:
Gareth Evans -
Pages:
8
Gamma has reported strong interim results with near 10% revenue growth and adjusted EBITDA at half our annual estimate for FY 2017E – the latter reflecting good profitability in both the Direct business and the growth products in the Indirect business. Adjusted EPS increased by 15% and the Group has declared a 12% interim dividend increase. Superior performance from Cloud PBX and SIP Trunking continues and growth in data products was also c.20%. The direct business reported a pleasing n