GreatResponder.com on (2012-03-19) : The web hosting company Iomart group will continue to expand after the announcement of the huge profit of the year. The company expansion is expected pre-tax profits to jump from £3.6m to £6.7m from the beginning of the year till the end of March.
Iomart profit for this period of the year is acquired from purchasing other business like late in 2011 the company was bought EQSN nearly £2.5m.
Iomart mentioned that Easyspace the leader of Web hosting provider have improvement in profit, as Easyspace the leader Web hosting provider selected as goMobi’s UK partner for the Google GetMo programme in March this year, following by the purchase of Liverpool web hosting company Switch Media and Essex-based web hosting group Global Gold. Iomart Hosting takes UK digital media agency into the cloud.
Iomart chief executive Angus MacSween said: “Iomart continues to benefit from a compelling mix of recurring revenues, sticky customers, good forward visibility and a leading competitive position. ”As a result we remain very confident of further growth in the next financial year and beyond.” Iomart, has been on the London Stock Exchange’s “Alternative Investment Market” (AIM) since April 2000. Finally, the company expects to report full-year results at the end of May.
The company was founded in 1998 as an internet and telcome provider, the Group is considered as one of Europe’s largest providers of web managed hosting, co-location, data centers which serving serving over than 300, 000 customers every day. The group have honest, well known reputation for their internet expertise in both the service ethic and product innovation and have been at the front of the UK’s techno-revolution for the past years.
The group is having their own infrastructural solution of their data centre and network. They have also their hosting solution of Shard, dedicated, managed and cloud hosting. For their data managed solution they offer the best of storage, data back-up and archive plus verbalization. Iomart Email and Security Solutions offers a wide range of cloud designed to follow the companies need from cloud e-mail to network content filtration. Iomart Group is designed to provide very high quality of service for individuals and business and to adjust the services on each customer requirements.