Dip in profit at telecom firm KCom

Telecoms company KCom Group reported a marginal fall in full-year pretax profit and said it expected to see a continued decline in some traditional carrier revenue.KCom Group, which provides communications services for customers such as British Airways and Virgin Group, said pretax profit fell to £49.9m for the year ended 31 March, from £50m a year earlier. Revenue fell marginally to £370.7m.