Iomart secures new GBP100 million credit facility for working capital
Iomart secures new GBP100 million credit facility for working capital
Read moreThu, 01st Oct 2020 10:47
Iomart secures new GBP100 million credit facility for working capital
Read more(Sharecast News) - Cloud computing company Iomart has agreed a refinancing, it announced on Friday, replacing its single bank revolving credit facility of £80m that was due to mature on 30 September 2022 with a new £100m revolving credit facility.
Read moreUK earnings, trading statements calendar - next 7 days
Read moreIN BRIEF: Iomart's passive cooling system used in data centre
Read moreAIM WINNERS & LOSERS: Iomart sinks amid customer cancellations
Read moreIomart cuts guidance as first-half profit falls during strategy switch
Read more(Sharecast News) - Cloud computing company Iomart warned on Friday that interim revenue and profits had slipped in the six months ended 30 September as the "slightly higher than usual" customer churn seen in the final months of the previous trading year continuing into the first half of the current one.
Read moreEXECUTIVE CHANGES: Persimmon finance boss retires; Block fights Forest
Read moreTRADING UPDATES: GB Group rebuilds dividend; IPF ups 2021 profit view
Read more(Sharecast News) - Iomart reported "resilient" revenue through the Covid-19 pandemic in its final results on Tuesday, coming in at £111.9m, down marginally from the £112.6m it recorded in the 2020 financial year.
Read moreUK earnings, trading statements calendar - next 7 days
Read moreTRADING UPDATES: Rainbow Rare Earths Burundi exports suspended
Read moreTRADING UPDATES: IGas and Tasty post full-year revenue declines
Read more