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Tue, 15th Jun 2010 09:33
(Alliance News) - SysGroup PLC on Monday reported that it swung to an interim loss as its costs increased, but said it still expects its 2023 trading to be in line with expectations.
Read more(Sharecast News) - Managed IT service provider SysGroup reported a "strong" trading performance in its first half on Wednesday, despite a "challenging" macroeconomic environment.
Read moreSysGroup PLC - Liverpool-based IT services, cyber security and cloud hosting provider - Expects to report revenue of GBP11.3 million for six months that ended on September 30, up 49% from GBP7.6 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation is expected to reach GBP1.7 million, up from GBP1.3 million. Says both are in line with expectations.
Read more(Alliance News) - SysGroup PLC reported on Monday a rise in annual profit despite a number of sector-wide headwinds in the year.
Read moreSysGroup PLC - Liverpool-based IT services, cyber security and cloud hosting provider - Wholly acquires Bristol-based IT service provider Independent Network Solutions Ltd for GBP1.0 million. The newly acquired company trades as Orchard Computers and generated revenue of GBP2.1 million in 2021 alongside pretax profit of GBP300,000. The acquisition is funded from the company's existing cash balance. SysGroup says Orchard will enhance its presence in the South West of England and complement its operations in South Wales. SysGroup expects it to be immediately earnings enhancing.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - Managed IT service provider SysGroup said in a trading update on Tuesday that, despite external challenges over the last two years, it still expected to report adjusted EBITDA of £2.8m for the year ended 31 March, in line with market expectations.
Read moreSysGroup PLC - Liverpool-based IT services and cloud-hosting provider - Buys Truststream Security Solutions Ltd, a managed cyber security services provider based in Edinburgh, Scotland. The acquisition worth GBP4.8 million will be funded from Sysgroup's existing cash balance and a new revolving credit facility of GBP8.0 million, the Liverpool-based firm says. In the financial year ended September 30, 2021, Truststream generated a pretax profit of GBP800,000 and revenue of GBP3.2 million.
Read moreIN BRIEF: SysGroup interim revenue falls but profit rises
Read more(Sharecast News) - Managed information technology and cloud service provider SysGroup said in a trading update on Friday that it expected to report first half revenue of £7.58m, 15.8% lower year-on-year.
Read moreSysGroup remains positive despite guiding lower half-year revenue
Read moreTRADING UPDATES: Ilika expects revenue slip; SysGroup swings to profit
Read moreIN BRIEF: SysGroup annual revenue down but keeps lid on costs
Read more(Sharecast News) - IT services firm Sysgroup said on Monday that it had continued to experience "solid trading" throughout the financial year despite ongoing economic uncertainties.
Read moreUK EARNINGS SUMMARY: Carr's Full-Year Profit Ahead Of Board Forecasts
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