UKFast on eCloud nine with £5.7m boost in sales

Lawrence Jones
Manchester-based technology firm UKFast has benefited from the booming cloud market with a £5.7m increase in sales, taking turnover to £40m in 2016. UKFast showed a 40% revenue increase in the firm’s expanding eCloud range – which now delivers more than £14m annual revenue – a 6% increase in customer numbers and an overall EBITDA of £17.6m. The  cloud provider doubled turnover in the four years since 2012, achieving a compound annual growth rate (CAGR) of 18.9%. The figures saw UKFast rank in the recent FT 1000 index ... For the full story register now for free or login below...