UKFast announces 16th consecutive year of growth

Simon Austin's picture

Cloud infrastructure firm UKFast has announced its 16th consecutive year of growth.

The Manchester technology brand had a £5 million increase in recurring revenue in 2015 and EBIDTA (earnings before interest, taxes, depreciation and amortisation) of £16.2 million.

CEO Lawrence Jones said: “The last year has been the most exciting year of our 16 so far.

“We’ve added more big brands and enterprise clients than ever before.  A particular highlight for me was winning the account with JCB.

“They are an iconic British business, a unique ‘stand out’ brand and one I am tremendously proud to host.

Revenue for its eCloud range grew by 82.9% between 2014 and 2015, contributing to 18% overall growth in 2015.

The increasing popularity of UK-based cloud products is expected to deliver even more impressive results in the coming year.