Daisy Group has announced its unaudited interim results for the half year ended 30 September 2011.
Revenues rose to £176.0m from £120.0m and EBITDA increased to £26.6m from £16.1m.
Matthew Riley, CEO of Daisy, commented: “We are pleased to report the results for this period, which have seen a healthy increase in market share, plus revenue and profit growth across all divisions and product areas, in spite of the difficult macro-economic environment.
“The business has continued to demonstrate strong cash generation and with all acquisitions integrated, significant synergies have been achieved.
“With an improvement in its revenue mix, the Group has continued to decrease reliance on traditional fixed lines and calls, with an increased proportion of revenues from its mobile, systems and data product sets.
“The business is focused on driving further organic growth and continues to consider strategic acquisitions that provide clear value for shareholders. Notwithstanding the current economic climate, we are confident for the second half of the year.”
In order to view a full rundown of today’s results and announcement please visit the Daisy website at www.daisygroupplc.com/investors
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