Daisy boosted by acquisitions

Daisy Group, the telecoms firm, said yesterday that revenues are in line with expectations for the year to March. Chief executive Matthew Riley said: “Our revenue mix continues to improve, further boosted by the acquisitions made during the year. It is also pleasing to report a marked improvement in free cash flow generation during the second half.” Daisy shares rose 0.5 per cent to 188.9p.