Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

‘It’s been a brilliant six months’, says AdEPT Telecom PLC’s finance director

Tuesday, November 15, 2016 9:33
% of readers think this story is Fact. Add your two cents.

A first contribution from recent acquisition Comms UK helped telecoms services group Adept Telecom PLC (LON:ADT) lift interim profits by a quarter. Revenue in the six months to September rose 19% to £16.5mln, while underlying profits [EBITDA] were 20% ahead at £3.5mln.

Finance Director John Swaite tells Proactive: ”12% of the 19% increase in revenue was driven by an acquisition which we did earlier in the year … and Comms Group has traded almost exactly in line with our expectations set at the time we did the acquisition”.

”It’s been a brilliant 6 months … everything’s delivered as expected if not slightly better and we’re very confident looking forward”, Swaite added.

Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.