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Broadband

CloudCoCo sees FY EBITDA up sharply on small increase in revenue

Monday 18 October 2021 | 09:36 CET | News
UK managed services provider CloudCoCo said it expects slightly higher revenues in its fiscal year to September compared to the GBP 8 million reported in the previous year. While order flow slowed at the start of the year, the company said it successfully managed the impact of the pandemic to finish the year with higher results. Annual trading EBITDA is expected to reach over GBP 700,000, up significantly on the GBP 261,000 last year and in line with market expectations.

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Categories: Fixed
Companies: CloudCoCo
Countries: United Kingdom
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