- Cloud computing company iomart posts adjusted pre-tax profits of £6.3m for the six months to the end of September - 29% up on last time.

Revenues rose by 23% to £24.6m and adjusted earnings before interest, tax, deprecation and amortisation rose by 29% to £9.8m.

Chief executive Angus MacSween said: "Trading in the second half of the year has begun well and we continue to win business from new and existing customers. We remain confident of achieving another successful year of significant growth in line with the upgraded market expectations. "We also continue to invest in our people and infrastructure as we evolve and grow. This will ensure we are well positioned to take advantage of the still largely untapped corporate cloud market, and further fuel the growth we have enjoyed in recent years. "With increased capacity, geographical presence and additional expertise in high growth cloud services we look forward with confidence."

Story provided by