Half Year Results 

Gamma results justify momentum

Gamma results justify momentum

Gamma Communications (GAMA) has revealed a 31 per cent increase in adjusted cash profits for the first six months of 2018, driven by an 18 per cent increase in revenue and improved gross margins. Not a bad start for Andrew Taylor, who took over as chief executive just five months ago. But considering the majority of this margin growth came from the group’s newer SIPP Trunking and Cloud PBX products – which are benefiting from the current shift in customer demand – the big question is whether that performance can be maintained.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now