DATA CENTRE MARKET PERFORMANCE
AHV Datacentre Monthly Index
AHV has created a capitalization-weighted index of large, quoted companies that are directly involved in the datacenter sector. Specifically, this index consists of the large datacenter companies listed in the above table, and large, quoted companies from around the world whose performance is directly related to the datacenter industry.
NEWS: COMMENT
TELECITY AND EQUINIX RELEASE STRONG RESULTS
Telecity’s Q1 IMS, reaffirms the continued strong growth in demand for data centre services in Europe that was highlighted by previous results announced by Equinix. Equinix reported USD248.6 million in revenue for the first quarter of 2010, which represents a modest 3% increase over the previous quarter but, more interestingly these revenues are a 25% increase from the same quarter in 2009. In an interim management statement Telecity announced that trading in 2010 has remained strong across all of the group’s markets. The Group has won significant new orders from a broad range of business sectors. The group continues to capture significant growth in demand for premium data centre services. The announced earnings were in line with analyst expectations, with double digit year-on-year growth, and strength particularly in internet content, connectivity and systems integrator sectors. The company says that it is on track to meet market expectations for the year (18% revenue growth to £199.6m and 14% growth in PBT to £46.8m according to megabuyte.com). The company’s operations also continue to be highly cash generative. In a further strong vote of confidence for the sector in Europe, Telecity has also announced investment plans to almost double their capacity in London.
Source AHV Associates LLP
DATA CENTRE MARKET PERFORMANCE TRACKER
Data Centre Market Performance Tracker (April 2010) –
Source AHV Associates LLP
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