Report and Accounts

During 2006, we delivered profits that were ahead of market expectations in a period that saw a number of rapid and far reaching developments for the Group as we continued to extend our capabilities as the leading UK provider of Business Availability services. download pdf >>>

"There were two major developments for the Group during the first half of the financial year: the appointment of Steve Wainwright as Group Chief Executive in November 2005, and the acquisition in October 2005 of the 73,000 sq ft London Essex Business Continuity site in Romford." download pdf >>>

ICM Computer Group plc, the UK's leading provider of IT Assurance, comprising IT Support, IT Solutions and Business Continuity services, has adopted International Financial Reporting Standards (IFRS) with effect from 1 July 2005. The Group will in early March 2006 report its Interim Results for the six month period ended 31 December 2005 under IFRS; the restated figures for the six months to 31 December 2004 are included in this announcement. view RNS announcement >>>

For the third year ICM has modestly improved its profitability on broadly unchanged turnover. Far from indicating stagnation, this performance disguises a number of very important shifts in the shape and nature of the Group’s business and the markets it serves.
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"This has been a notable year for the Group. We delivered good results, ahead of market expectations." download pdf >>>

“We have delivered solid results for the first half of our financial year, in line with our expectations and reduced the scale of our IT Solutions business without exceptional charge. This means that more of our gross profits now derive from our IT Support and Business Continuity operations with their longer-term contracts and higher visibility. " download pdf >>>

"This year we again achieved our target. We maintained our track record of good organic growth and increased underlying operating profits whilst sustaining our ambitious investment programme in our Business Continuity activities – our fastest growing business." download pdf >>>

“We have delivered another solid performance with good top line growth in all of our divisions in very difficult market conditions. Our IT Assurance strategy continues to drive the business forward with strong growth in our contracted services. We are still investing for the future in those areas of our business where we believe that opportunity exists” download pdf >>>

“This year we have continued to develop our IT Assurance strategy on a UK-wide basis, whilst at the same time growing our turnover and ensuring that profit performance has remained relatively robust. This has been executed against a backdrop of adverse conditions in the marketplace which has dramatically affected the business of many companies.” download pdf >>>

“I am delighted to announce another strong set of results which reflect the excellent progress being made by the Group. These results are entirely consistent with the comments made both at the end of the last financial year and at the interim stage.” download pdf >>>

"These results have been achieved in an environment characterised, in the first half, by pre Millennium caution and, in the second half, by post-Millennium uncertainty as many companies turned their attention to addressing the new e-conomy. Whilst both periods have presented unique
challenges to the Group, we have continued to implement and, in some instances, accelerate the investment programme designed to further fuel growth in the future." download pdf >>>

"1999 has been an important year for ICM and one in which we have managed to combine the continued delivery of strong and steady growth, with both innovation in our services products and investment in the future of the business." download pdf >>>