Daisy Group continues to grow

Daisy Group, the business communications services provider, yesterday published its six month interim report showing a 32 per cent growth in revenue from £120m to £176m and an operating loss of £6.1m, down 27 per cent from £8.3m last time. Chief executive Matthew Riley said the business had seen a healthy increase in market share and has continued to demonstrate strong cash generation. Much of the revenue has come from mobile systems and data product sets, moving away from the more traditional fixed lines and calls.