On behalf of Reece Donovan, CEO & Scott Cunningham, CFO of iomart Group (AIM: IOM), we are delighted to invite you to a lunchtime presentation in Edinburgh at 1pm on Wednesday 21st June following the publication of the Group’s Year End Results (on 13th June).

The lunch is for Professional investors. If you would like to join the lunch please email Nick Peters at nicholas.peters@fmp-ir.co.uk or call me on 07909 972080.

If you can not make the date but are keen for an update, please let me know and I will try and find a time.

In a Trading Update, announced on 12th April, the Group reported:

“…that it expects to deliver full-year financial results in line with market expectations. The Group has seen stability of customer renewal rates across all areas of the business, providing a solid base of recurring revenues. Meanwhile the sales pipeline improvement noted in H1 converted into stronger order booking levels in H2, providing positive momentum as the Group enters the new financial year.

For the year ended 31 March 2023, the Group expects to report revenue of approximately £115m (FY22: £103m), adjusted EBITDA of approximately £36.2m (FY22: £38m) and adjusted profit before tax of approximately £14.6m (FY22: £17.1m).”

Reece Donovan said:

“I am pleased with the progress achieved this year in our transition to a secure hybrid cloud offering. We saw our pipeline improve in the first half and this converted to stronger order booking levels as we completed the year. The team has worked hard to ensure momentum in the execution of our strategic plan and continuous improvement within the business. This gives us confidence that we will continue to be successful within the wider growing cloud sector.”