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Iomart puts a great year to bed

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The clock has yet to hit midnight but the year’s business must already be fast asleep in bed, as hosting minnow, Iomart, has signalled ‘above consensus’ profits for the year ending today. We’ll hear the full story in June. The only thing I think is ‘missing’ is another acquisition, which CEO Angus MacSween mooted might be on the cards in H2 when I spoke to him a few months back (see Onwards and upwards for Iomart). Anyway, the market liked the news and Iomart’s stock is already up 6%. Jolly good show.


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