Revenues rose to £176.0m from £120.0m and adjusted earnings before interest, tax, depreciation and amortisation increased to £26.6m from £16.1m.

CEO Matthew Riley said the group had seen a healthy increase in market share, plus revenue and profit growth across all divisions and product areas despite the difficult macro-economic environment.

He added: "The business has continued to demonstrate strong cash generation and with all acquisitions integrated, significant synergies have been achieved.

"With an improvement in its revenue mix, the group has continued to decrease reliance on traditional fixed lines and calls, with an increased proportion of revenues from its mobile, systems and data product sets.

"The business is focused on driving further organic growth and continues to consider strategic acquisitions that provide clear value for shareholders. Notwithstanding the current economic climate, we are confident for the second half of the year."

At 8:16am: (LON:DAY) share price was +2.5p at 105.5p

Story provided by StockMarketWire.com