Logicalis delivers another year of record breaking revenue growth; Parent Datatec considering secondary listing on London's AIM.

0 Comments | M2 Presswire, May, 2006

M2 PRESSWIRE-17 May 2006-Logicalis: Logicalis delivers another year of record breaking revenue growth; Parent Datatec considering secondary listing on London's AIM(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:17052006 Slough -- Logicalis has delivered another year of record-breaking revenue growth.

Revenue was $545.6 million for the year ended 28 February 2006, which includes $105.3 million arising from the acquisitions made during the year. This compares to revenue of $340.9 million from continuing operations in 2005. Excluding the impact of acquisitions, revenue increased by 16 over the prior year on a like-for-like basis. The EBITDA for the year rose to $16.7 million compared to $9.6 million in the previous year. The 2006 EBITDA includes a charge of $1.0...