Financial Results
Reduced build costs driving BT’s roll out
The BT Group’s FTTP rollout now covers nearly six million premises according to its H1 results for FY22, with 1.3 million customers connected. The Group’s rollout has been boosted by a drop in build costs from £300-£400 per premises passed, to £250-£350.SysGroup predicts 16% revenue dip for H1
SysGroup is predicting a 15.8% drop in revenue for the first half of 2021, due to the ongoing impact of the pandemic.Softcat records record revenues
Softcat has seen revenues rise by 7.4% to £1.6bn following increased public sector demand and recovery in the corporate sector.CloudCoCo to boost EBITDA in FY21 results
CloudCoCo expects to marginally exceed its £8m revenues recorded in FY20, despite a reduced number of orders in early FY21.Computacenter powers up despite supply chain fears
Computacenter has reported a 29% rise in interim profits but states that a series of supply chain issues will replaGamma posts 23 per cent growth in interim accounts
Gamma claims its financial performance only felt a minor impact from Covid-19 with the UCaaS vendor seeing profits rise 32 per cent to £217.4 for the first half of its fiscal 2021.razorblue sharpens focus on £20m target following record year
The 2020-21 financial year has been the most successful to date for managed IT service provider razorblue which saw its turnover swell by 32% to make it a £9m outfit.SysGroup posts 18 per cent profit rise
Liverpool-based MSP SysGroup saw profits rise by 18%, from £1.7m for the year end 31 March 2020, up to £2m for the year end 31 March 2021.Indigo ramps up following record growth
Indigo's revenues spiked £18m from £32m to £50m in its last financial year, spurred by hot demand for connectivity during the pandemic.Exertis posts 15% jump in sales
Exertis reported a 15% jump in sales for the year and an 11% rise in profits. Revenue rose to £4.48bn and operating profits reached £72.4m at the DCC Group subsidiary.
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