Gamma Communications (GB:GAMA) has released an update.
Gamma Communications reports a robust financial performance for the first half of 2024, with a 10% revenue increase to £282.5m and significant growth in gross profit and Adjusted EBITDA. The company’s strategy of expanding through acquisitions has paid off, with two recent purchases enhancing earnings and a promising deal with Cisco’s Placetel, poised to increase their presence in the German market. Gamma’s strong balance sheet and effective management have set them up for continued growth, meeting or exceeding market expectations for the full year.
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