Plusnet hits £370m turnover mark following surge in new customers
Internet service provider Plusnet has reported a significant rise in revenues after seeing its customer base grow by 22%.
For the year ending 31 March, the Sheffield-headquartered company saw an 18% increase in turnover to £369.7m, which is up from £312.8m the year before.
Growth was also seen in Plusnet’s gross profit, which rose to £174.3m from the £148.1m achieved im 2017.
Due to the boost in its customer base during this period, Plusnet has expanded its workforce by 17%. The company said that this is to “ensure... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...