The once acquisitive SYSGroup (LSE:SYS) shares fell 3p to 43.5p and to a £21m Mkt Cap after reporting robust but unexciting final for the year to end March 2021. An 18% increase in Adjusted PBT to £2.1m was reported after a 7% fall in Revenue to £18.1m.
SYS manage IT Services and are a cloud hosting provider with 79% of its revenue recurring. The market for managed and cloud services is large, growing, and long term as it is driven by the structural move to cloud delivered solutio...
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