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Iomart is on the lookout for further acquisitions after reporting a 7 per cent rise in half-year profit and an increase in its interim dividend.
The Glasgow-based cloud computing and online services provider, which was listed on the junior Aim exchange in 2000, employs 400 people and has about 75,000 customers and a network of data centres.
Iomart, which has a long record of buying other companies, paid £4.9 million for Bytemark, a York-based cloud-hosting services business, in August. That was the only deal it completed in the six months to the end of September.
Revenue rose by more than 8 per cent to £50.9 million in the period, while underlying pre-tax profit rose by 7 per cent to £12.4 million. The interim dividend is…
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