The Glasgow-based AIM-listed group, which also acquired Liverpool-based Switch Media in 2011, said earnings before interest, tax, depreciation and amortisation (EBITDA) should come in at £16.4m for the year to the end of March, up from £11.2m.
Pre-tax profit should be £10.6m, up from £6.9m. It said it had enjoyed strong organic growth as well as "good performances" from its acquired businesses.
Iomart won a "substantial number of contracts over the year", and continues to benefit from the adoption of cloud type services. It also benefited from the contribution of Melbourne.
Chief executive Angus MacSween said: "Iomart continues to benefit from a compelling mix of a growing market, recurring revenues, sticky customers, good forward visibility and a leading competitive position. As a result we remain very confident of further growth in the next financial year and beyond."
Source: The Business Desk
