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24% increase in turnover for 2002 & Q1 2003 turnover up by 19% on previous year.

Publication: M2 Presswire
Publication Date: 30-APR-03
Format: Online - approximately 632 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 April 2003-REDBUS INTERHOUSE: 24% increase in turnover for 2002 & Q1 2003 turnover up by 19% on previous year(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:04302003

London -- Redbus Interhouse plc, Europe's most advanced, independent colocation provider, today announced that the substantial management restructuring, sales strategy and cost reduction measures implemented over the past year have paid major dividends in the form of increased turnover and reduced EBITDA losses. Total turnover for the year to 31 December 2002 amounted to GBP11.5 million, up 24% on the previous year.

The company also achieved a consecutive...

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