- Revenues at cloud computing company iomart Group rose by 29% to £19.9m in the six months to the end of September.

Adjusted pre-tax profits were up 66% at £4.9m and adjusted earnings before interest, tax, depreciation and amortisation rose by 51% to £7.6m.

Chief executive Angus MacSween said: "This has been another excellent trading period for iomart, delivering substantial growth both organically and through successful acquisitions.

"Trading in the second half of the year has begun well as the trend to outsource more and more services and infrastructure into the cloud accelerates.

"We continue to invest in our skills, product sets and infrastructure to deliver an increasing range and depth of cloud services and expect to continue the growth we have recently enjoyed. We therefore look forward with confidence."

At 9:02am: [LON:IOM] Iomart share price was +2.5p at 205p

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