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CloudCoCo reports growth for the first half

CloudCoCo reports growth for the first half

Managed service provider and VAR CloudCoCo has reported solid growth for the half-year ended 31 March, 2023.

Year-on-year sales for the first six months of the year were up 11% to £12.9m. MSP revenues represented 70% of the business - up 6%.

Representing the rest of turnover, VAR sales jumped 25%.

The firm's trading EBITDA rose 70% to £900,000.