Coms PLC (LON:COMS) said robust trading had pushed profits higher in the year just ended.
The telecoms systems installer saw strong levels of demand for its products and services, boosted by increased demand in ‘smart building’ technology.
Gross operating profits in the year to January were £6.9mln, driven by £40.1mln revenues, up from £29.5mln in 2014.
Underlying profits [EBITDA] stood at £2.2mln, up from £0.9mln in 2015.
The company reported net cash of around £1mln.
Shares were up 4% to 1.74p.