ICM sees strong growth in business continuity sector

ICM Computer Group plc has published its interim results for the six months ended 31 December 2004. The company saw an overall increase in turnover of 7 percent, to £38.7m (2003: £36.3m). ICM’s business continuity division saw the strongest growth, with turnover in this area up 16 percent to £6.6m. Business continuity related profit margins also increased, helping ICM make an overall operating profit of £2.8m (2003: £2.4m).

Barry Roberts, ICM's chief executive, commented: “This is another encouraging set of results that demonstrates the strength of our business strategy. The Group has again grown strongly as we begin to realise excellent returns on our investment programme, which we implemented over the last few years, and following the realignment of our Solutions Division in early 2004.

“The drivers in the business continuity marketplace continue to strengthen. We are committed to continuing the rollout of our business continuity activities and investments in this division are a key feature of our strategy.

“We have started the second half of our financial year with a good contract base and good prospects for further wins in all areas of the business.”

www.icm-computer.co.uk

•Date: 8th March 2005 • Region: UK •Type: Article •Topic: BC markets
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