Prelims show FY19 to be in line with the April trading update, generating free cash flow (before a freehold acquisition) of £17.5m from adjusted PBT of £25.5m and revenue of £103.7m. Having cleared £100m revenue, it will take more and bigger contracts to generate organic growth of 10%, therefore the professionalisation of the sales team and addition of an enterprise focus adds capacity for larger contract delivery – with increased lead generation from new and exi
11 Jun 2019
iomart - Prelims – as steady as ever
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iomart - Prelims – as steady as ever
iomart Group plc (IOM:LON) | 144 -1.4 (-0.7%) | Mkt Cap: 161.8m
- Published:
11 Jun 2019 -
Author:
Andrew Darley -
Pages:
12
Prelims show FY19 to be in line with the April trading update, generating free cash flow (before a freehold acquisition) of £17.5m from adjusted PBT of £25.5m and revenue of £103.7m. Having cleared £100m revenue, it will take more and bigger contracts to generate organic growth of 10%, therefore the professionalisation of the sales team and addition of an enterprise focus adds capacity for larger contract delivery – with increased lead generation from new and exi