Iomart Group plc (LSE:IOM) reported first-half FY26 revenue of £77.7 million, a 25% year-on-year increase supported largely by the acquisition of Atech. Organic revenue, however, declined due to ongoing customer churn. The company is in the midst of a strategic realignment aimed at boosting operational efficiency, strengthening core business lines, and expanding its presence in higher-growth segments such as managed security. Cost optimisation remains a central focus as the business reshapes its structure for long-term competitiveness.
The outlook for Iomart reflects significant financial pressures, with profitability weakening and leverage rising. Although technical indicators signal short-term bullish momentum, valuation remains constrained by a negative P/E ratio and an elevated dividend yield. A lack of recent earnings-call commentary and corporate event disclosures limits further context.
More about Iomart Group plc
Iomart Group plc is a major UK provider of secure cloud-managed services, specialising in cloud infrastructure, modern workplace solutions, and managed security offerings. With strong Microsoft credentials and partnerships with leading technology vendors, the company primarily serves enterprise and mid-market customers across the UK.
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