Year end figures from Swindon-based communications and IT solutions provider Excalibur Communications have shown turnover down but operating profits up.
The group, which employs 60 people, posted a turnover of £8.7m which was down six per cent on last year, which the company said was due to reduced mobile revenues as the pandemic curtailed international business travel.
Operating profit, however, was up 15 per cent of 2019/20. Excalibur’s IT and fixed line business performed consistently with a minimal two per cent drop in revenue to £4.3m.