Thus expecting to report buoyant results

30 Mar 2004

UK telco Thus has said that it expects its annual results for the year ending 31 March 2004 to show ‘double digit’ turnover growth and a 50% reduction in operating losses. The company, which mainly provides services to the corporate sector and counts the Virgin Group and Tele 2 among its bigger clients, also said that it expected EBITDA excluding capital expenditure to be positive for the twelve months with a return to operating profits anticipated in the second half of the next financial year.

United Kingdom