euNetworks Reports 32% Growth in 1H09 Revenue14 August 2009 – euNetworks Group Limited has reported a 32% improvement in revenue to €14.3 million for the six months ended 30 June 2009 (“1H09”), compared to €10.8 million achieved in the same period a year ago (“1H08”).
London, UNITED KINGDOM – 14 August 2009 – euNetworks Group Limited, a foremost provider of mission-critical, high-performance networking solutions in Europe, has reported a 32% improvement in revenue to €14.3 million for the six months ended 30 June 2009 (“1H09”), compared to €10.8 million achieved in the same period a year ago (“1H08”). Driving this growth in revenue was the signing of 93 new recurring revenue contracts worth over €9 million, together with the addition of 24 new customer contracts, the bulk of these coming from the financial services and trading sectors.
euNetworks is a critical bandwidth infrastructure company. We own and operate 18 fibre based metropolitan networks connected with a high-capacity intercity backbone covering 53 cities in 17 countries across Europe. The company leads the market in data centre connectivity, directly connecting over 585 today, and is also a leading cloud connectivity provider, with over 180 on-ramps on our network directly connecting all key cloud providers and major platforms. This coupled with our extensive connected data centre footprint positions us strongly to support and enable our Customers with their cloud infrastructure developments and challenges.