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Iomart Group PLC Ord 1P (IOM)

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24-Jun-2020 09:07 AM

Iomart cuts dividend as weaker margin keeps lid on profit

Cloud computing company Iomart cut its final dividend as a weaker margin kept a lid on profit. For the year ended 31 March 2020, pre-tax profit rose 4% to £16.8m on-year as revenue increased 9% to £112.6m. Gross margin reduced to 60.8% fro
03-Apr-2020 09:00 AM

Broker Forecast - Peel Hunt issues a broker note on Iomart Group PLC

Peel Hunt today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and cut its price target to 442p (from 520p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Nov-2019 08:45 AM

Iomart profit rises on new business wins amid efforts to boost sales

Cloud computing company Iomart reported a rise in profit as a ramp-up in investment spend on its sales engine delivered new business wins. For the six months ended 30 September, pre-tax profit rose 15% to £8.4m on-year as revenue grew 8% to &poun
01-Oct-2019 09:10 AM

Broker Forecast - Shore Capital issues a broker note on Iomart Group PLC

Shore Capital today downgrades its investment rating on Iomart Group PLC (LON:IOM) to hold (from buy). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
01-Oct-2019 08:45 AM

Iomart reports 'good visibiliy' heading into the second half of the year

Iomart reported ?good visibility? heading into the second half of the year and said margin performance would be skewed toward the second half of the year, as new orders started to boost revenue. Overall revenue growth was in line with management expec
11-Jun-2019 09:37 AM

Iomart profits rise as cloud-services revenues lifted by acquisitions

Cloud computing company iomart reported a rise in pre-tax profits on higher cloud-services revenues amid a boost from by acquisitions. For the year ended 31 March 2019, profit before tax grew 9% to £16.2m and revenue climbed 6% to £103.7m.
04-Dec-2018 02:52 PM

Iomart lifts dividend as adjusted earnings rise 7%

Cloud computing company Iomart Group posted a 5.5% fall in first-half profit, though underlying earnings rose and it increased its dividend. Pre-tax profit for the six months through September fell to £7.3m, as revenue rose 8% to £50.9m. Adj
01-Oct-2018 07:38 AM

Iomart sees full-year profits well ahead of prior year

Cloud computing group Iomart said Monday performance in the first half of the year had met expectations, with both revenue and trading profits expected to come in well ahead of the same period a year earlier. Iomart said it had continued to win good lev
17-Jul-2018 09:57 AM

Iomart appoints Scott Cunningham as Group Finance Director

Cloud computing group Iomart said Tuesday it had appointed Scott Cunningham as Group Finance Director after Richard Logan had announced his intention to retire from the role. Cunningham is expected to take up the role from 3 September 2018. Cunningham
12-Jun-2018 09:55 AM

Iomart raises dividend as pretax profit, revenue grow sharply

Cloud computing company Iomart reported Tuesday adjusted profit before tax rose 7% in the year through March supported by strong cloud services revenue growth. For the 12 months to 31 March, adjusted pre-tax profit rose 7% to £24.0m from £22.
12-Jun-2018 09:20 AM

Broker Forecast - finnCap issues a broker note on Iomart Group PLC

finnCap today reaffirms its corporate investment rating on Iomart Group PLC (LON:IOM) and raised its price target to 450p (from 415p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-May-2018 09:10 AM

Broker Forecast - Peel Hunt issues a broker note on Iomart Group PLC

Peel Hunt today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and set its price target at 440p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Mar-2018 12:30 PM

Broker Forecast - N+1 Singer issues a broker note on Iomart Group PLC

N+1 Singer today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and set its price target at 465p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Jan-2018 01:00 PM

Broker Forecast - Peel Hunt issues a broker note on Iomart Group PLC

Peel Hunt today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and raised its price target to 440p (from 405p). Story provided by StockMarketWire.com...
05-Dec-2017 01:20 PM

Broker Forecast - N+1 Singer issues a broker note on Iomart Group PLC

N+1 Singer today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and set its price target at 427p. Story provided by StockMarketWire.com...
05-Dec-2017 11:20 AM

Broker Forecast - finnCap issues a broker note on Iomart Group PLC

finnCap today reaffirms its corporate investment rating on Iomart Group PLC (LON:IOM) and raised its price target to 415p (from 400p). Story provided by StockMarketWire.com...
05-Dec-2017 07:23 AM

iomart declares maiden dividend

iomart has declared a maiden dividend of 2.25p per share for the six months to the end of September following revenue growth of 12% to £47.0m. Adjusted EBITDA andincreased by 9% to £19.2m and adjusted pre-tax profits were also up 9% at &pou
01-Nov-2017 09:50 AM

Broker Forecast - Peel Hunt issues a broker note on Iomart Group PLC

Peel Hunt today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and raised its price target to 405p (from 388p). Story provided by StockMarketWire.com...
29-Sep-2017 09:39 AM

iomart on track to deliver material growth

iomart Group said trading in the six months ending 30 Sep was in line with management forecasts and the business remained firmly on track to deliver another year of material growth. The group said it had seen strong demand as enterprises continued to mo
22-Aug-2017 03:10 PM

Broker Forecast - N+1 Singer issues a broker note on Iomart Group PLC

N+1 Singer today upgrades its investment rating on Iomart Group PLC (LON:IOM) to buy (from under review) and set its price target at 388p. Story provided by StockMarketWire.com...
13-Jun-2017 10:20 AM

Broker Forecast - Peel Hunt issues a broker note on Iomart Group PLC

Peel Hunt today reaffirms its buy investment rating on Iomart Group PLC (LON:IOM) and raised its price target to 388p (from 315p). Story provided by StockMarketWire.com...
13-Jun-2017 09:40 AM

Broker Forecast - finnCap issues a broker note on Iomart Group PLC

finnCap today reaffirms its corporate investment rating on Iomart Group PLC (LON:IOM) and raised its price target to 400p (from 360p). Story provided by StockMarketWire.com...
13-Jun-2017 07:28 AM

iomart divi up 90% as revenues and earnings rise

Cloud computing company iomart's adjusted pre-tax profits rose by 18% to £22.4m in the year to the end of March. Revenues were up 17% at £89.6m and adjusted EBITDA rose by 13% to £36.6m. The group said the proposed final divi
31-Mar-2017 09:22 AM

iomart revenues up

iomart Group said it expected revenues for the year ending 31 March to be up by around 17% and adjusted EBITDA of approximately £36.6m compared with £32.3m in 2016, in line with market forecasts. The group said is also expected to report a 19
06-Dec-2016 07:29 AM

iomart revenues up

Cloud computing company iomart reports revenue growth of 16% to £42.1m in the six months to the end of September with cloud Services organic growth of 10% (H1 2016: 10%). Other highlights: - Adjusted EBITDA growth of 13% to £17.6m (H1 2016
 
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