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Gamma Communications FY24 Earnings Increases By 34%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Gamma Communications Plc. (GAMA.L) Tuesday announced 34 percent increase in pre-tax profit for the full year, compared to the prior year. Revenues were up 11 percent from the previous year.

Full year profit before tax was 95.6 million, up from 71.5 million a year ago. On a per share basis, earnings grew to 72 pence, from 54.9 pence last year. On an adjusted basis, earning weere 85.1 pence, while it was 75.1 pence a year ago.

The technology-based communication solutions provider across Europe said its revenue for the fiscal year increased to 579.4 million pounds from 521.7 million pounds in the same period last year.

The company said acquisitions have positively contributed to the Group's performance during the year and on an organic basis revenue growth by 5 percent.

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