StockMarketWire.com - Manx Telecom, a telecom group serving the Isle of Man, said it expected to post broadly flat revenue in 2017, with trading during the year in line with its expectations.

The company said underlying cash flow was "continuing to support our progressive dividend policy", with underlying Ebitda returning to "solid" growth in the second half of the year.

Revenue was adversely impacted by the consolidation of customers in the company's data centre business, which occurred during 2016, and the rescheduling of a directories publication.

Those effects were partially offset by continued growth in the global solutions business and some recovery in data centre revenues in the second half, the company said.




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