Profitable cloud growth helps iomart Group plc post strong annual results

UK cloud and managed hosting provider reports 68% rise in profits & 33% revenue growth iomart Group plc (AIM:IOM), the UK cloud computing and managed hosting services provider, has today (29 May 2012) announced strong annual results for the year ended 31 March 2012, with profits up by 68% to £11.2m (2011: £6.6m).Revenue grew by 33% to £33.5m (2011: £25.3m), while pre-tax profits grew by 91% to £6.9m (2011: £3.6m) – all ahead of the record amounts achieved in the last financial year.

Press Release Distribution, Profitable cloud growth helps iomart Group plc post strong annual results