Financial Results

  • Insight sales and profits boosted by PCM buy

    The Insight global solutions and services group saw third quarter sales grow 9%, with most of the increase generated by the acquired PCM business.

  • Adept reports sales hike and rise in costs

    Adept Technology Group has reported a big rise in sales for the first half, aided by recent acquisitions.

  • PTG posts best ever year of revenue growth

    Leeds-headquartered Pure Technology Group (PTG) has reported its largest annual revenue, profitability and staffing growth to date.

  • FluidOne revenue up 11% – secures acquisition warchest

    Livingbridge-backed FluidOne is on a roll with organic revenue up 11% year-on-year from £26m to £28.8m and underlying EBITDA up by 33% from £2.4m to £3.2m.

  • Microsoft posts big hike in profits

    Microsoft's Q1 figures to 30th September displayed a 14% uplift in revenue to $33.1bn and an operating profit of $12.7bn, up 27%.

  • Deal fall through impacts K3 results

    Microsoft Dynamics partner K3 has issued a trading update for the second half, warning that sales will be significantly below market expectations after seeing major deals fall through.

  • Midwich posts solid first half results

    Pan-European AV distributor Midwich's results for the 12 months to 30th June show a 19.2% revenue hike to £314.8m, with organic revenue growth of 5.1% (discounting recent acquisitions).

  • Flick points to M&A activity as cloud revenues surge

    BGF-backed Olive Communications has reported sharp growth in cloud revenues, up 48% at year end (31st January 2019), driving a three percentage points improvement in gross margins to 44.2%, with gr

  • Agilitas reports 30% year-on-year profit hike

    Globalisation, relevance to customers and a boost to warehouse efficiency have been credited as the catalysts for a 30% year-on-year hike in Agilitas's profits on a 26% increase in turnover.

  • Maintel announces H1 results and CEO's departure

    Maintel's interim results for the six months to 30th June 2019 saw revenue down 3% to £64.5m (H1 2018: £66.5m) with recurring revenue at 69% (H1 2018: 70%) and gross margin at 29% (H1 2018: 27%).

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