Financial Results

  • Vodafone to rightsize with 11k job cuts

    Vodafone is cutting 11,000 jobs in the next three years as part of reorganisation plans detailed by Group CEO Margherita Della Valle in the company’s FY23 preliminary results.
  • Economic headwinds weigh heavy on Maintel results

    Maintel’s group revenue dropped to £91m (down 12.4%) in its latest financial results due to several economic headwinds.
  • DataSolutions sees revenues swell by 29%

    DataSolutions Group hit revenues of £109 million for the financial year ending March 2023, a 29 per cent swell prompted by growth across its cybersecurity (36 per cent) and cloud divisions (26 per cent).   
  • Softcat H1 results indicate positive growth

    Shareholders of Softcat can breathe a sigh of relief after the IT services firm reported encouraging half-year numbers.
  • Gamma notches growth in first year under Belshaw

    Gamma has seen revenue and gross profit rise 8% to £484.6m and £247.7m respectively in its first year under the leadership of Andrew Belshaw.
  • CloudCoCo eyes £100m as revenues swell

    CloudCoCo saw its revenue climb from £8.1m in 2021 to £24.2m for the year ended 30 September 2022. This represents a swell of 198%, of which 67% was generated from recurring contracts.
  • NFON bucks economic trends with revenue hike

    In a business update NFON has posted preliminary figures indicating an 8.3% increase in recurring revenues to 73.6m euro
  • Excalibur sees 6% revenue growth

    Excalibur Communications cites a rise in mobile and UC revenues and new customer wins for a reported 6% increase in turnover to £9.2m for the year end to June 2022.
  • DWS results reflect channel strength

    DWS has announced revenues of £320.1m, a swell of 14% in its first annual results since the strategic investment from Inflexion.
  • Commsworld reports 60% rise in gross profit

    Commsworld has reported a 60% rise in gross profit on a revenue increase of 20% from £20.6m in 2020 to £24.1m.

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