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ITNET BOOSTS PROFIT 22.3%

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Facilities management supplier ITnet's profits increased by 22.3% last year. ...
Facilities management supplier ITnet's profits increased by 22.3% last year.

The company, which has five local government clients, made a £3.8 million profit on revenue of £50.5m.

Local government sector revenue, which accounts for just over 50% of total business, increased by 19%, with two new deals with Bexley and Croydon LBCs.

Managing director Bridget Blow said local government business was expected to increase with competitive tendering for IT and finance.
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