Gamma is a rapidly growing, technology based, provider of communications services to the UK business market. Gamma’s services, such as Cloud PBX, Inbound Call Control Services and SIP Trunking, are designed to meet the increasingly complex voice, data and mobility requirements of businesses, through the exploitation of its know-how and own intellectual property.

Gamma also provides services such as business-grade broadband, Ethernet and mobile and data services and, as a consequence of its history, has a substantial voice service capability, completing Gamma’s comprehensive range of communication services.

In excess of 80 per cent. of Gamma’s revenues are generated by an extensive network of more than 650 Channel Partners, which Gamma has grown and developed over the last 12 years. This gives Gamma access to a substantial indirect salesforce enabling it to continue expanding rapidly in the UK business market. The remainder of Gamma’s revenues are generated through direct sales into specific market sectors. Gamma has enjoyed strong organic growth since 2006, driven in part by the repeating nature of its revenues.


10 October 2014

Gamma Communications plc

Admission to AIM and first day of dealings


http://www.gamma.co.uk/

10:30 09/02/2018
Broker Forecast - Barclays Capital issues a broker note on Gamma Communications Plc
Barclays Capital today initiates coverage of Gamma Communications Plc (LON:GAMA) with a overweight investment rating and price target of 750p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

08:30 26/03/2018
Broker Forecast - Peel Hunt issues a broker note on Gamma Communications Plc
Peel Hunt today reaffirms its add investment rating on Gamma Communications Plc (LON:GAMA) and raised its price target to 840p (from 733p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

09:00 03/05/2018
Broker Forecast - Peel Hunt issues a broker note on Gamma Communications Plc
Peel Hunt today reaffirms its add investment rating on Gamma Communications Plc (LON:GAMA) and set its price target at 840p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Trading Statement
RNS
RNS Number : 3306U
Gamma Communications PLC
12 July 2018

12 July 2018
Gamma Communications plc

Pre-close trading update
Strong first half performance across product range

Gamma Communications plc ("Gamma"), a leading, technology based provider of communications services to the UK business market, is pleased to announce a trading update for the six months ended 30 June 2018.

Group overview
We are pleased to report that Gamma has continued to perform well through the first six months of the year. Based on this performance, management expect the results for the full year to be at the higher end of the range of Board expectations.

Some of the highlights from the period include:

· Andrew Taylor joined as an Executive Director in April 2018, and became Chief Executive in May 2018. The transition and hand over period with Bob Falconer, his predecessor, has been well received and successfully completed.

· Continued strong growth across direct and indirect channels in Gamma's SIP Trunking, Cloud PBX and data services, with margins consistent with the prior period.

· Full Market launch of Connect, the fixed/mobile converged product that integrates a mobile user with the Gamma Cloud PBX service, Horizon.

· Gamma's new high capacity national optical fibre network project was delivered on schedule and on budget. This enables Gamma to deliver services at 10Gb/s and above in the second half of 2018.

· Introduced Cityfibre into our Ethernet build out programme to provide higher speed access and carrier diversity.

Cash
Gamma continues to have a very robust balance sheet, with strong cash generation from its trading activities. Cash conversion from EBITDA (adjusted for Share Based Payments) is anticipated to be in line with previous levels and the closing cash balance for the half year is approximately £36.9m compared to £31.6m at the end of the previous year. The Directors expect to propose an interim dividend in line with the stated progressive policy.



The Board expects to announce results for the half year ended 30 June 2018 on Monday 3 September 2018.


Andrew Taylor, Chief Executive, commented on the results:

"It has been a real pleasure getting to know Gamma since I joined the business in April 2018. I have been impressed by the quality of our people and our very positive corporate culture, coupled with the strength of our technology and the relationships with our channel partners and customers.

"I am delighted to announce that in the first half of 2018 we have continued to deliver strong revenue and margin growth across all business areas, representing a very positive performance and excellent set of financial results.

"I am looking forward to working with everyone at Gamma, as we focus our efforts on further developing and growing our business during the coming years."

Yesterday -

Half year report