Slower than expected first half growth for Outsourcery

CLOUD computing group Outsourcery saw slower than expected first half sales growth but it has reined in losses.

The Manchester cloud computing company, whose joint chief executive is entrepreneur and Dragons' Den investor Piers Linney, focuses on delivering cloud services that are based on Microsoft technologies.

In the six months to the end of June revenues increased by 65% to £3.4m and pre-tax losses narrowed to £3.8m from £4.6m. On an EBITDA (earnings before interest, tax, depreciation and amortisation) ... For the full story register now for free or login below...