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Iomart 'beating market forecasts'
Iomart, the Glasgow-based web hosting business, has flagged underlying profits ahead of market hopes after a "very strong set of results across its operating segments".
In a brief trading update yesterday, the firm said earnings before interest, tax, depreciation and amortisation for the year to 31 March were expected to be in the range of £6.4 million to £6.6m.
Chief executive Angus MacSween said: "Our strong trading in the year is evidence of our ability to capitalise on the significant growth in the managed services market."
For full news story please see the Scotsman
