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Pin to quick picksIomart Share News (IOM)

Share Price Information for Iomart (IOM)

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Share Price: 135.00
Bid: 135.00
Ask: 139.50
Change: -0.75 (-0.55%)
Spread: 4.50 (3.333%)
Open: 135.00
High: 135.00
Low: 135.00
Prev. Close: 135.75
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Iomart pours £2.0m into next-gen routing technology

Wed, 17th Mar 2021 09:36

(Sharecast News) - Cloud computing company Iomart said on Wednesday that it had made plans to majorly expand its network capacity in order to see future demand.
Iomart said it had invested nearly £2.0m into next-generation core routing technology from Cisco, which will provide 100gb capacity on its network with the ability to scale to 400gb.

As a result, Iomart said its customers would benefit from "faster, even more reliable connections" to support their data and applications.

The AIM-listed firm highlighted that the investment followed "a noticeable increase" in internet traffic due to Covid-19, with Iomart committed to increasing its ability as a service provider in order to anticipate future demand.

Chief executive Reece Donovan said: "This is a significant investment that supports our growth strategy and underlines our commitment to provide businesses with the services they need to support their future operations.

"The investment ensures our customers will have the ability to deliver content and services faster than ever and without disruption."

As of 0935 GMT, Iomart shares were up 0.46% at 327.50p.
More News
11 Apr 2024 15:47

Iomart flags decent results, warns of lower-than-expected renewals

(Sharecast News) - Secure cloud service provider Iomart said in an update on Thursday that, despite a challenging economic environment, it expected to deliver a robust set of full-year results for the 12 months ended 31 March.

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11 Apr 2024 10:46

Iomart on track to meet annual profit and revenue expectations

(Alliance News) - Iomart Group PLC on Thursday said it will meet its annual earnings targets, which includes a double-digit boost in revenue, thanks to a recent acquisition.

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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19 Jan 2024 15:35

UK dividends calendar - next 7 days

Monday 22 January 
abrdn Diversified Income & Growth PLCdividend payment date
Tuesday 23 January 
no events scheduled 
Wednesday 24 January 
Alpha Real Trust Ltddividend payment date
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Thursday 25 January 
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Friday 26 January 
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28 Dec 2023 15:54

UK dividends calendar - next 7 days

Friday 29 December 
Alliance Trust PLCdividend payment date
DFS Furniture PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
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Palace Capital PLCdividend payment date
PayPoint PLCdividend payment date
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Premier Miton Global Renewables Trust PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
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Warehouse REIT PLCdividend payment date
Monday 1 January 
no events scheduled 
Tuesday 2 January 
Blackrock Sustainable American Income Trust PLCdividend payment date
Fuller Smith & Turner PLCdividend payment date
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Wednesday 3 January 
Bunzl PLCdividend payment date
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Next PLCdividend payment date
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Thursday 4 January 
Artemis Alpha Trust PLCex-dividend payment date
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AVI Global Trust PLCspecial dividend payment date
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Baillie Gifford European Growth Trust PLCex-dividend payment date
Big Yellow Group PLCex-dividend payment date
Blackrock Frontiers Investment Trust PLCex-dividend payment date
Braemar PLCex-dividend payment date
Caledonia Investments PLCdividend payment date
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Iomart Group PLCex-dividend payment date
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5 Dec 2023 14:31

EARNINGS AND TRADING: Porvair buys EFC, Iomart interim profit falls

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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5 Dec 2023 13:01

Iomart flags solid trading, announces Accesspoint acquisition

(Sharecast News) - Cloud computing specialist Iomart Group reported steady progress in its first half on Tuesday and announced the acquisition of Accesspoint Technologies.

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28 Nov 2023 15:36

UK earnings, trading statements calendar - next 7 days

Wednesday 29 November 
Amaroq Minerals LtdQ3 Results
Benchmark Holdings PLCFull Year Results
Braemar PLCHalf Year Results
Cordiant Digital Infrastructure LtdHalf Year Results
CVS Group PLCTrading Statement
Esken LtdHalf Year Results
Impax Asset Management Group PLCFull Year Results
Halfords Group PLCHalf Year Results
Harbour Energy PLCTrading Statement
Pennon Group PLCHalf Year Results
Vinanz LtdQ3 Results
Thursday 30 November 
Carclo PLCHalf Year Results
Dr Martens PLCHalf Year Results
Genedrive PLCFull Year Results
James Latham PLCHalf Year Results
LXi REIT PLCHalf Year Results
ME Group International PLCTrading Statement
Mitchells & Butlers PLCFull Year Results
TClarke PLCTrading Statement
Tharisa PLCFull Year Results
Walker Crips Group PLCHalf Year Results
Zoo Digital Group PLCHalf Year Results
Friday 1 December 
Mind Gym PLCHalf Year Results
Monday 4 December 
One Health Group PLCHalf Year Results
SDCL Energy Efficiency Income Trust PLCHalf Year Results
Tuesday 5 December 
Ashtead Group PLCHalf Year Results
CML Microsystems PLCHalf Year Results
discoverIE Group PLCHalf Year Results
Ferguson PLCQ1 Results
Gooch & Housego PLCFull Year Results
Iomart PLCHalf Year Results
Marston's PLCFull Year Results
On The Beach Group PLCFull Year Results
Oxford Metrics PLCFull Year Results
Peel Hunt LtdHalf Year Results
Premier Miton Group PLCFull Year Results
Solid State PLCHalf Year Results
SSP Group PLCFull Year Results
TPXimpact Holdings PLCHalf Year Results
Tritax EuroBox PLCFull Year Results
  
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11 Oct 2023 11:58

IN BRIEF: Iomart expects half-year profit & revenue growth

Iomart Group PLC - Glasgow-based cloud computing company - For the six months ended September 31, expects to report an 18% revenue increase to GBP62.0 million from GBP52.6 million a year prior, and a "more modest" increase in pretax profit to GBP7.5 million from GBP7.4 million. Adjusted earnings before interest, tax, depreciation and amortisation predicted at GBP18.5 million, up 4% from GBP17.8 million the year before. Looking ahead, is confident in the outlook for its long-term prospects. Chief Executive Officer Lucy Dimes says: "This has been a solid first half of the financial year, seeing growth in both revenue and profitability. Since assuming the role of CEO in the last few weeks, I have been impressed by the knowledge and skills of our team, range of service offering and diversity of our customer base."

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11 Oct 2023 10:18

Iomart H1 revenues grow in 'period of continued momentum'

(Sharecast News) - Cloud computing company Iomart said on Wednesday that H1 had been "a period of continued momentum" in the execution of its growth strategy, with both revenue and adjusted underlying earnings improving year-on-year.

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18 Sep 2023 13:38

Iomart chief executive officer steps down, replaced by incumbent chair

(Alliance News) - Iomart Group PLC on Monday said its chief executive officer has stepped down and will leave the company with immediate effect.

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1 Sep 2023 15:54

UK dividends calendar - next 7 days

Monday 4 September 
Investec PLC and Ltddividend payment date
IP Group PLCdividend payment date
Pennon Group PLCdividend payment date
Tuesday 5 September 
no events scheduled 
Wednesday 6 September 
no events scheduled 
Thursday 7 September 
Admiral Group PLCex-dividend payment date
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Anglo-Eastern Plantations PLCex-dividend payment date
Assura PLCex-dividend payment date
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Develop North PLCex-dividend payment date
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Empiric Student Property PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Greggs PLCex-dividend payment date
Harbour Energy PLCex-dividend payment date
Pollen Street PLCex-dividend payment date
Prudential PLCex-dividend payment date
Relx PLCdividend payment date
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Serco Group PLCex-dividend payment date
Severfield PLCex-dividend payment date
VPC Specialty Lending Investments PLCex-dividend payment date
XP Power Ltdex-dividend payment date
Zotefoams PLCex-dividend payment date
Friday 8 September 
abrdn New Dawn Investment Trust PLCdividend payment date
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Berkeley Group Holdings PLCdividend payment date
Chemring Group PLCdividend payment date
Ecofin US Renewables Infrastructure Trust PLCdividend payment date
iomart Group PLCdividend payment date
Keller Group PLCdividend payment date
Lookers PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Nichols PLCdividend payment date
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Tyman PLCdividend payment date
  
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29 Aug 2023 15:45

UK shareholder meetings calendar - next 7 days

Wednesday 30 August 
Esken LtdAGM
Gfinity PLCGM re share capital reorganisation
Global Connectivity PLCAGM
Gresham House PLCGM re takeover
Kinovo PLCAGM
Lindsell Train Investment Trust PLCAGM
Vistry Group PLCGM re directors' remuneration policy
WANdisco PLCAGM
Thursday 31 August 
Ajax Resources PLCAGM
Cairn Homes PLCEGM re adoption of Stretch CEO LITP
Carclo PLCAGM
Global Ports Holding PLCAGM
Gowin New Energy Group LtdAGM
HealthBeacon PLCAGM
Spectral MD Holdings LtdGM re Rosecliff Acquisition Corp combination
Triple Point Energy Transition PLCAGM
Watches of Switzerland Group PLCAGM
Friday 1 September 
Totally PLCAGM
Triple Point Income VCT PLCGM re voluntary liquidation
Monday 4 September 
Concurrent Technologies PLCGM re acquisition of Phillips Machine & Welding Co Inc
Tuesday 5 September 
Brickability Group PLCAGM
DS Smith PLCAGM
Iomart Group PLCAGM
Lookers PLCGM and court meeting re takeover by Global Auto
MGC Pharmaceuticals LtdGM re approval to issue SPP and shortfall options
Renold PLCAGM
  
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10 Aug 2023 15:46

UK dividends calendar - next 7 days

Friday 11 August 
Blackrock Latin American Investment Trust PLCdividend payment date
Caffyns PLCdividend payment date
CMC Markets PLCdividend payment date
Montanaro UK Smaller Cos Investment Trust PLCdividend payment date
Next 15 Group PLCdividend payment date
Ninety One PLC and Ltddividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
Sportech PLCspecial dividend payment date
Telecom Plus PLCdividend payment date
Triad Group PLCdividend payment date
Wincanton PLCdividend payment date
Monday 14 August 
Mountview Estates PLCdividend payment date
Tuesday 15 August 
Tatton Asset Management PLCdividend payment date
Wednesday 16 August 
Murray International Trust PLCdividend payment date
Shoe Zone PLCdividend payment date
Thursday 17 August 
4imprint Group PLCex-dividend payment date
abrdn PLCex-dividend payment date
abrdn Property Income Trust Ltdex-dividend payment date
Anglo American PLCex-dividend payment date
Baillie Gifford UK Growth Trust PLCex-dividend payment date
Berkeley Group Holdings PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
Bridgepoint Group PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
GSK PLCex-dividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Hiscox Ltdex-dividend payment date
Impact Healthcare REIT PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
Investec PLC and Ltdex-dividend payment date
iomart Group PLCex-dividend payment date
Keller Group PLCex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
London Stock Exchange Group PLCex-dividend payment date
Montanaro European Smaller Cos Trust PLCex-dividend payment date
Murray Income Trust PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Rotork PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroders PLCex-dividend payment date
Sirius Real Estate Ltddividend payment date
Tritax EuroBox PLCex-dividend payment date
UK Commercial Property REIT Ltdex-dividend payment date
  
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17 Jul 2023 14:14

IN BRIEF: Iomart promotes Lucy Dimes to part-time executive chair

Iomart Group PLC - Glasgow-based cloud computing company - Says that Non-Executive Chair Lucy Dimes will assume role of executive chair on part-time basis from Monday, with a focus on development of "external facing corporate opportunities", cooperating with other executive directors. The company says that additional executive resource will allow Iomart to take full advantage of opportunities in the IT Cloud marketplace.

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