Source - SMW
Manx Telecom has recorded an H1 pretax profit £6.3m, down from £8.5m. Revenue was £39.2m, from £39.8m. Interim dividend was 3.7p, from 3.5p a year earlier.

CEO Gary Lamb said: 

"We have had a solid six months of trading which saw the Group continue to make progress with its strategic objectives and perform in line with the Board's expectations.

"Demand for superfast broadband and the increased speeds offered by 4G mobile services continue to grow and help drive growth in our highly cash generative core. 

"We recently introduced 4G roaming to our customers, as well as trialling superfast 4G+ during the summer period, underlying our commitment to bring exciting new products to our local market.

"We will continue to explore new ways to grow the business by leveraging our mobile technology platform and getting the most out of the diverse range of talent amongst our highly skilled employees.

"We are confident in the long term outlook for the business which continues to trade in line with the Board's expectations for the full year."

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Manx Telecom (MANX)

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