ANS Group reports 40% jump in half-year revenue
Manchester-headquartered ANS Group has reported half-year revenue growth of 40% to £33.7 million for the six months to September 2016.
The cloud and managed services provider, which founder Scott Fletcher set up from his bedroom in 1996, also reported adjusted EBITDA of £5.3m - an increase of 45% from the same period in 2015.
There were particularly high levels of growth in ANS’s managed services division.
Chief executive Paul Shannon said: “Over the last year we’ve focused on developing our product offering and managed services portfolio and our success in these areas is reflected in our results and margins.
“ANS has evolved into an end-to-end cloud and managed services company. We are currently experiencing significant demand from fast-growth, disruptive technology businesses for both our public and private cloud platforms, as well as our networking capabilities, and we are on track to achieve our targets for the year end.
“We’re pleased to say that as the company has grown, so has our team. We remain committed to addressing the skills gap in the tech sector by investing in talented people, and this has been validated by coming seventh on The Sunday Times Best 100 Companies to Work For list, as voted for by staff.
“Going forward, we will continue to strengthen our team and suite of solutions, ensuring that we provide customers with flexible, state-of-the-art managed networks and cloud platforms upon which they can develop and grow.”