AdEPT Telecom Plc (LON:ADT) CFO John Swaite talks to DirectorsTalk about it’s considerable growth over the prior year after announcing unaudited results for the 6 months ended 30 September 2017. John provides more detail behind the growth, the strategic rational behind acquisitions, group policy on using free cash, the business model and what we can expect in the second half of the year.
AdEPT Telecom plc is one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity and voice solutions. AdEPT’s tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple. The company provides a full suite of managed services and is now in an excellent position to take advantage of the continuing convergence between IT and Telecoms. They continue to be highly cash generative with adequate funding facilities in place to enable the Board to continue to identify earnings-enhancing acquisitions whilst retaining scope for a progressive dividend policy.