Cloud hosting specialist reports progress in line with expectations

Liverpool-based cloud hosting firm SysGroup said its annual results will match management expectations, in a trading update for the year to March 31, today. It said that both revenue and adjusted EBITDA will be in line with management's expectations having grown by approximately 22% and 40%, respectively. The results will underpin the AIM-listed group's stated strategy of focusing on the provision of end-to-end managed IT services with recurring revenue now representing approximately 74% of the group's total revenue. In Febru... For the full story register now for free or login below...