Mountfield Group, the Essex data centre specialist, has posted a turnover of 拢17.4m in its first set of results since floating on the alternative investment market in November

It made pre-tax profit of 拢1.36m in the year to 31 December 2008 and ended with 拢2m cash.

Graham Read, its chief executive, said: 鈥淭he data centre market is expected to increase in space by almost 45% by 2010 and Mountfield is ideally placed to benefit from this growth.鈥�

He said expansion was driven by banks and retailers setting up their own facilities to reduce costs rather than outsource them to telecoms companies.

Mountfield Group consists of three arms: contractor Mountfield 好色先生TV Group, data centre flooring specialist Connaught Access Flooring, and developer Mountfield Land.

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