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... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...